China Looks into Agricultural Banking and Packaging Investment in Cambodia

AKP Phnom Penh, A Chinese firm is interested in investing in promoting loan access and packaging process in agricultural industry of Cambodia.

The investment plan was revealed in a recent meeting between Minister of Agriculture, Forestry and Fisheries H.E. Veng Sakhon, and visiting General Director of Weihai Dragon Union Agriculture Mr. Long Yunhai at the ministry office here in Phnom Penh.

The Chinese company is looking into a possibility to establish an agricultural bank to provide loans to farmers.

It is also planning to construct a fruit packaging plant in Kampong Speu province to supply for both local and international markets.

H.E. Veng Sakhon welcomed planned investment, and encouraged the company to also consider other areas, such as fish and cow feeds.

Source: Agency Kampuchea Press