Logo of Phnom Penh Post newspaper Phnom Penh Post - Chinese firm breaks ground on Kratie cassava factory

Chinese firm breaks ground on Kratie cassava factory

Content image - Phnom Penh Post
A farmer picks cassava at a field in Pailin in 2011. Heng Chivoan

Chinese firm breaks ground on Kratie cassava factory

Hong Kong-based Green Leader Holding Group broke ground on a $20 million cassava processing factory in Kratie province’s Snuol district yesterday, part of the company’s plan to spend $150 million on 10 processing factories in the next 3 years.

The Snuol factory, the company’s first in Cambodia, is set to be completed this year according to Agriculture Minister Veng Sokhon, who rode a helicopter to attend the groundbreaking ceremony yesterday.

“As the first step of the plan, I hope it will reduce the difficulties of farmers and ensure the market demand,” Sokhon said yesterday.

The factory is set to produce 100,000 tonnes of processed cassava each year, which would require at least 500,000 tonnes of raw cassava from farmers.

Sokhon said yesterday he could not provide the exact amount of cassava that Cambodian farmers grew last year, but added that for this first factory, the supply would not be a problem.

The firm’s second factory is scheduled to be built in Pursat province but there was not yet a specific date for the groundbreaking, the minister said.

MOST VIEWED

  • Phnom Penh authorities ban march for Human Rights Day

    Phnom Penh authorities have banned a planned march as local NGOs and workers’ unions gear up to celebrate the 70th anniversary of the signing of the Universal Declaration of Human Rights on Monday, with a youth group leader saying they would march nonetheless. The UN

  • Government deports 235 Chinese scammers

    THE Immigration Department of the Ministry of Interior on Thursday deported 235 Chinese nationals, 35 of whom were female, via the Phnom Penh International Airport for their part in a Voice over Internet Protocol (VoIP) online money extortion scam. The deportees were arrested on November 26 over the

  • Phnom Penh’s Jet’s Container Night Market shuts down

    The famous Jet’s Container Night Market in central Phnom Penh has shut down due to the high cost of the land rental, company representatives claim. Jet’s Container Night Market is the largest such market in Phnom Penh. It operated for just over two

  • International buyers snap up new locally produced watch

    A Cambodian entrepreneur has launched a stylish high-end watch, hoping to promote the Khmer creative talent and increase demand for the Kingdom’s products abroad. Designer Seth Pitu launched his brand PU a mere 60 days ago, and hopes to combine traditional Khmer art with sleek