Vietnam’s Five Star International Group is planning to build a 65-million-USD fertiliser plant in Cambodia, Vietnam’s trade mission in Cambodia said.
The project has been submitted to the Council for the Development of Cambodia for approval. If approved, construction of the factory would kick off 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 product a year.
Lim Sokun, Secretary of State of the Cambodian Ministry of Agriculture, Forestry and Fisheries, applauded the plan, adding 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./.