New KT&G CEO plans to make Indonesia the primary global export hub, expanding production capacity with two new factories by 2026.
New KT&G CEO Kyung-man Bang plans to develop Indonesia as the company's primary global export hub and expand production capacity. Two new factories in Indonesia, set to open in 2026, will have a combined annual production capacity of 21 billion cigarette sticks. KT&G aims to make Indonesia its largest global production base by 2027, increasing overseas sales revenue to over 50% of total sales revenue.
April 28, 2024
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