Logo of Phnom Penh Post newspaper Phnom Penh Post - First shipment of Kingdom bananas to China underway

First shipment of Kingdom bananas to China underway

Content image - Phnom Penh Post
Farmers plant banana trees at a plantation in Ratanakiri province. Cambodia will begin exporting its bananas to China next year. Photo supplied

First shipment of Kingdom bananas to China underway

Longmate Agriculture Co Ltd, a joint venture between local, Chinese and Hong Kong investors, is set to send some 30,000 tonnes of its maiden banana export to China in January.

Its chairman, Phe Hokchhoun, said: “The first [shipment] of 30,000 tonnes will be exported in January and we will double the amount in the coming years.”

Cambodia inked an agreement in August with China to begin exporting the fruit to the Asian economic powerhouse.

Vietnamese conglomerate Hoang Anh Gia Lai Group (HAGL) recently announced a $42 million investment to expand its banana plantations in Ratanakiri province with the aim to export the produce to the Chinese market.

Hence, the investment will add more than 5,000ha to its portfolio.

HAGL, which operates in the property, mining, hydropower and commercial agriculture sectors, owns 1,000ha of banana plantations in northeast Cambodia through three subsidiaries.

They are Hoang Anh Andong Meas Co Ltd, Hoang Anh Lumphat Co Ltd and Hoang Anh Daun Penh Agrico Co Ltd.

Longmate Agriculture Co Ltd has invested more than $32 million in a banana plantation in Kampot province’s Chhouk district to tap into the potential of the crop.

Earlier in August, Cambodia and China signed a protocol of phytosanitary requirements that will make way for the exports of yellow bananas from the Kingdom to China.

The protocol was inked between the Agriculture Minister Veng Sakhon and the Chinese Ambassador to Cambodia Xiong Bo in the presence of Cambodian Deputy Prime Minister Hor Namhong.

MOST VIEWED

  • Rainsy stopped in Paris from boarding Thai flight

    Airline officials at Paris’ Charles de Gaulle airport on Thursday prevented Sam Rainsy from boarding his flight to Bangkok ahead of his announced return to Cambodia on Saturday. Prime Minister Hun Sen had earlier in the day assured Phnom Penh residents that there would be

  • Analyst: Rainsy blocked from boarding flight 'an excuse'

    THAI Airways not allowing Sam Rainsy on its route from Paris to Bangkok on Thursday is being used as an excuse to keep his standing among fellow coup plotters and his uninformed supporters as flights to non-Asean countries are available, an analyst said on Friday.

  • Rainsy lands in Malaysia

    Cambodian opposition figure Sam Rainsy arrived in Kuala Lumpur airport on Saturday afternoon after boarding a flight from Paris, where he has been living for more than four years. Ministry of Foreign Affairs and International Cooperation spokesperson Koy Kuong said on Saturday that Cambodia respected

  • Sokha continues call for dropping of charge after bail conditions reduced

    Not satisfied with having his bail conditions reduced, allowing him to travel freely in Cambodia, Kem Sokha says he wants his charge totally dropped. “As an innocent man who has been in detention for two years even without being found guilty, I continue to demand

  • Touch: Rainsy will never return

    Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), has claimed it has achieved 70 per cent of its struggle to find a solution to the current political situation in the Kingdom. Just before boarding a plane at Charles de Gaulle

  • Prayut indicates no entry into Thailand for CNRP’s Rainsy

    Cambodian government officials on Wednesday welcomed the position of Thai Prime Minister Prayut Chan-o-cha after he indicated that Sam Rainsy would not be allowed to return to Cambodia through Thailand. “According to our commitment to Asean, we will not interfere in each other’s internal