Logo of Phnom Penh Post newspaper Phnom Penh Post - Fire damages Yeo’s factory, but not sales

Fire damages Yeo’s factory, but not sales

Firefighters battle a blaze at an under construction Yeo’s beverage factory at Phnom Penh Special Economic Zone on Monday. Photo supplied
Firefighters battle a blaze at an under construction Yeo’s beverage factory at Phnom Penh Special Economic Zone on Monday. Photo supplied

Fire damages Yeo’s factory, but not sales

A fire that ripped through a Yeo’s beverage factory under construction in an industrial park on the outskirts of the capital on Monday caused damage to about a third of the structure, but would not impact the company’s local sales as production had yet to start up, sources said yesterday.

“We are selling our product as normal and the fire will not impact our market here because our production line is in Singapore,” said You Kimseng, sales manager of YHS (Cambodia) Food & Beverage Pte Ltd.

He declined to estimate the extent of the damage or whether it would delay the factory’s scheduled November 2016 opening.

YHS (Cambodia), a wholly owned subsidiary of Singaporean beverage giant Yeo Hiap Seng Ltd, is building its first Cambodian beverage plant on a 9.3-hectare plot it purchased in March 2014 in Phnom Penh Special Economic Zone.

The company has invested at least $7 million into the 40,000-square-metre production facility, according to its 2015 annual report.

Yeo Hiap Seng is best known for its Yeo’s brand line of Asian beverages, which include lychee, soya bean, winter melon and grass jelly drinks.

A municipal fire department official said preliminary investigations into the cause of Monday’s fire pointed to a spark from a welder’s torch falling into a pile of construction waste. Nobody was injured in the blaze.

“Between 30 and 40 per cent of the building was damaged in the fire, according to our initial estimate,” said Prom Yorn, director of the municipal fire department.

“The machinery was not damaged, but the building’s electrical wiring will need to be re-installed and it will need to be repainted.”

Yorn said he was unable to assess whether the factory owner would be able to complete the repairs in time for the scheduled opening.

“It depends on their negotiations with the contractor,” he said.

MOST VIEWED

  • US imposes sanctions on Oknha Pheap and Kun Kim

    The Ministry of Foreign Affairs and International Cooperation expressed strong dismay on Monday over the designation of Cambodian tycoon Oknha Try Pheap and General Kun Kim under the US’ Global Magnitsky Act. “It is very disturbing when the public figures of a country become the

  • Mother, daughter killed in hotel fire

    The bodies of a mother and daughter were found locked in an embrace after they were killed in a hotel fire in Phnom Penh at around 3:30am on Wednesday at the Phkar Chhouk Tep 2 Hotel and Restaurant in Phsar Doeum Kor commune, in the capital’

  • EBA withdrawal a destruction of EU achievements, PM says

    Prime Minister Hun Sen said the EU’s possible suspension of its Everything But Arms (EBA) agreement amounted to a destruction of its achievements in the Kingdom and the demise of the opposition group. Hun Sen made the remarks while addressing more than 6,700 students during

  • US told to refrain from interfering in Sokha case

    Senior Cambodian officials said on Thursday that the US can monitor Kem Sokha’s trial as it wishes but would not be allowed to interfere in court procedures. The point was made in response to US Secretary of State Mike Pompeo’s comments on Wednesday

  • Europe expected to consider EBA efforts, impact

    The government said it expects the European Commission to consider its efforts to comply with the “Everything But Arms” (EBA) regulations and the impact on one million workers should access to the agreement be suspended in February. The Ministry of Foreign Affairs and International Cooperation

  • Sri Lanka’s LOLC Holdings plans to sell Cambodian unit

    LOLC Holdings Plc, Sri Lanka’s second-largest publicly traded company by revenue, plans to sell its 70 per cent stake in Prasac Microfinance Institution Ltd, which also counts Hong Kong’s Bank of East Asia Ltd. as a shareholder, LOLC deputy chairman Ishara Nanayakkara said. Nanayakkara