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Japan's Asahi Glass group has announced plans to set up a regional headquarters in Singapore to tap what it sees as growing opportunities for supplying glass, ceramics, chemicals and other products for the regional boom in infrastructure building.
The Tokyo-based Asahi Glass Company (AGC), which is at the core of the AGC Group and part of the Mitsubishi conglomerate, foresees huge demand for roads, railways, bridges, urban construcTion and other infrastructure in South-east Asia, which is moving towards creating an Asean Community by around 2015.
AGC, which already has companies operating in Singapore, Thailand, the Philippines and Indonesia, will launch its Singapore regional headquarters, AGC Asia- Pacific Pte Ltd, in July. It will coordinate sales, marketing and other activities across the region, said the group.
Source: Business Times 10th May 2013