Posted at: VOVNews
15 September 2009
Vietnam’s Five Star International Group plans to build a US$65-million fertiliser plant in Cambodia, according to Vietnam’s trade mission in Cambodia.
The project has been submitted to the Council for the Development of Cambodia for approval. If approved, construction of the factory would start in October and be completed after 20 months.
The planned location is Kien S’vay district, 20 km to the east of Phnom Penh. The plant is designed to produce 350,000 tonnes of fertiliser a year.
Lim Sokun, Secretary of State of the Cambodian Ministry of Agriculture, Forestry and Fisheries, welcomed the plan, saying that his country might supply up to 80 percent of the materials needed for the project.
Sokun said he hoped that the plant’s supply of fertiliser, along with providing new cultivation techniques, will help local farmers boost the productivity and the value of their agricultural products.
Once operational, the plant will also help Cambodia cut down its fertiliser imports, thereby reducing production costs.
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