Food-tech company Next Meats has announced plans to launch Singapore’s first plant-based yakiniku meat production facility.
The stakeholders in this new venture are Global Good Plant Meat, the distributors for Next Meats’ products, and Tiong Lian Food. Both signed a memorandum of understanding on 2 September. Under this agreement, Next Meats is able to process and market plant-based meats in Singapore.
Ingredients will be imported from Japan whilst the processing and packing will take place in the new Singapore facility. There are plans to export offerings locally and to neighbouring countries Malaysia and Indonesia.
Hideyuki Sasaki, CEO of Next Meats, said: “We have successfully established presence in the Japanese market with our alternative yakiniku meats and are now pushing ahead with our global ambitions”.
He continued: “Singapore, with her robust infrastructure and innovation culture, makes an ideal stronghold for us. We look forward to coming up with new products that excite the palate as well as drive food sustainability in Southeast Asia.”
This announcement comes after Next Meats began construction of a new eco-friendly, alternative protein production facility in Japan back in August.
The Singapore facility is set to open in the last quarter of this year.
© FoodBev Media Ltd 2024
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