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Firm to lay down roots in local cassava

Cheng Sokhorng | Publication date 17 September 2018 | 11:49 ICT

 

The Kingdom’s agriculture products have for many years relied on exports to neighbouring markets. And cassava is among the crops with the best-earning potential for the Kingdom.

Now, plans by Hong Kong-based Green Leader to invest $150 million on a cassava processing plant could boost the industry even further. The facility in Kratie province, which broke ground in April and is set to be operational by the end of the year plans to process some 600,000 tonnes of the crop annually.

 

https://www.phnompenhpost.com/business/firm-lay-down-roots-local-cassava

 

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John_Galt

Good to see some crop diversification going on. 

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4 hours ago, John_Galt said:

Good to see some crop diversification going on. 

 

I would say any help in the countries farming sector is good news. It's mainly been the same though for the farmers, low returns for end results. This is mainly because the end processing does not take place here. A long standing example of this is mango washing.  

 *From the article -

Cassava is the second largest crop in Cambodia. The Ministry of Agriculture says about 600,000ha of land is currently being cultivated with cassava, with annual production of about 14 million tonnes.

However, there are less than seven cassava starch processing factories operating in the Kingdom. Most of the fresh roots are exported to Vietnam and Thailand as raw material for their processing plants.

In a way, Cambodian farmers are forced to sell their fresh roots to neighbouring countries and are subject to price fluctuation and unstable market conditions.

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