Singapore poultry industry to get first smart and green factory with S$40m UOB loan

📆 07/10/2019 09:55:00
📰 BusinessTimes

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Singapore Poultry Hub is setting up the first smart and green factory for the industry in Singapore with a S$40 million loan from United Overseas Bank (UOB). Read more at The Business Times.

Singapore Poultry Hub is setting up the first smart and green factory for the industry in Singapore with a S$40m loan from UOB. Pictured : Eric Tham, UOB head of group commercial banking; and Joseph Heng, CEO of Singapore Poultry Hub, with the hub’s five shareholders behind them.Singapore Poultry Hub is setting up the first smart and green factory for the industry in Singapore with a S$40 million loan from United Overseas Bank .

The hub is a joint venture between Tan Chin Long, controlling shareholder of Boong Poultry, and four poultry producers and processors – Tong Huat Poultry Processing Factory, Kee Song Holdings, Sinmah Holdings and Tysan Food. The waste management system was created under FoodInnovate, a multi-agency initiative led by Enterprise Singapore that aims to grow Singapore’s food manufacturing industry through innovation.

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