Tuesday, September 15, 2009
Hanoi (ANTARA News/Asia Pulse) - Vietnam's Five Star International Group is planning to build a US$65 million 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 Svay 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 per cent of the materials needed for the project.
Source: Business in Asia Today - Sept 15, 2009
Hanoi (ANTARA News/Asia Pulse) - Vietnam's Five Star International Group is planning to build a US$65 million 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 Svay 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 per cent of the materials needed for the project.
Source: Business in Asia Today - Sept 15, 2009
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