Logo of Phnom Penh Post newspaper Phnom Penh Post - Chinese firm sinks $6M into new local feed mill

Chinese firm sinks $6M into new local feed mill

Chinese firm sinks $6M into new local feed mill

The Chinese-owned Sichuan New Hope Agribusiness (Cambodia) Co, Ltd has invested $6 million to establish a second animal feed mill in Phnom Penh Special Economic Zone for domestic use, state-owned media outlet AKP reported yesterday.

The ribbon-cutting ceremony was attended by Du Jiang Ping, director of New Hope, and Veng Sakhon, minister of agriculture, forestry and fisheries (MAFF).

Sakhorn welcomed the new factory and was quoted as saying this was in line with the government’s 2014-2018 agricultural policy, and would create more local jobs.

MOST VIEWED

  • CNRP activists arrested for ‘plotting insecurity’

    Three activists for the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) have been sent to Phnom Penh Municipal Court after they were arrested for their alleged involvement in an overseas-organised plot to mobilise demonstrations and cause insecurity. National Police spokesman Chhay Kim Khoeun said the

  • ‘Support of CNRP return online will lead to arrest’

    Anyone posting messages supporting the return of Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), on social media will be arrested, the Ministry of Interior announced on Tuesday. Ministry spokesman Khieu Sopheak told The Post on Monday that authorities

  • Rainsy charged with ‘insulting the King’

    Ministries and state institutions have condemned Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), for allegedly insulting His Majesty King Norodom Sihamoni. The condemnation came in the wake of Rainsy’s claim on Thursday during an interview with Radio

  • Negotiations to continue for next year’s minimum wage

    Negotiations for next year’s minimum wage will continue this week as the parties work to reach an agreement that will impact about 800,000 workers in the textile, garment and footwear industries, the Ministry of Labour and Vocational Training said on Thursday. Representatives for workers have