Monday, August 15, 2011

China food giant to purchase 1 mln tons of tapioca chips from Cambodia

PHNOM PENH, Aug 14, 2011 (Xinhua via COMTEX) -- China National Food Industry ( Group) Corp.(CFC) is willing to purchase 1 million tons of dried cassava chips a year from Cambodia, said a Cambodian agriculture official on Saturday.

Cai Yongfeng, CEO of CFC, during a meeting with the Minister of Agriculture Chan Sarun on Thursday, said that the Group planned to buy around 1 million tons of cassava from Cambodia, according to Preap Visarto, acting Director of the Agriculture Ministry's Crop Protection, Proto-Sanitary Department.

"The company has asked for the support from the minister in this investment plan," he said.

"At that time, the minister expressed his support for the firm' s plan," said Visarto.

Visarto said that more Chinese companies have expressed their interests in Cambodia's agriculture since Cambodia and China had signed rice and cassava export cooperation agreements last October and December respectively.

According to the report from the Agriculture Ministry, the country yielded 3.78 million tons of fresh cassava in last year's harvest season. Enditem

No comments: