Cambodia welcomes agricultural investment from China and Hong Kong.

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Cambodia welcomes agricultural investment from China and Hong Kong.

Post by CEOCambodiaNews » Sat Oct 14, 2017 7:11 am

Cambodia's deputy prime minister Soh Kheng expressed that Cambodia's modern agricultural product processing platform is a realistic opportunity for increasing agricultural product value, increasing the income of farmers and rewarding enterprises through investment at an evening meeting with Green Collar Holding Group president chairman Zhang San Huo on Oct 11.

Soh Kheng hopes that enterprises would consider research in this field and that all government sectors of Cambodia would lend their support in encouraging investment and development of the country's agriculture industry. Zhang San Huo expressed that being one of Hong Kong's main trading companies, the Group should sieze the opportunity to expand investment into Cambodia's agricultural industry especially in large scale cultivation of tapioca and tapioca starch processing.

According to government departments, the country's yearly export of tapioca can reach up to 14,000,000 tonnes. Zhang San Huo hopes that with his company's cooperation with other companies from China, they would be able establish at least 10, annual 100,000 tonne capacity modern starch processing companies in Cambodia. He also said that Battambang, Pursat and Kampong Cham and other traditional tapioca resources are currently major sources of tapioca, and he hopes that all research foundations would be laid by the end of 2017 before opening up plants in Cambodia.
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