Commerce Minister Sun Chanthol, second from left, talked to investors from Israel. Photo/Ministry of Commerce.
PHNOM PENH (The Cambodia Herald) -- A group of investors from Israel showed their interest in investing in cassava in Cambodia, according to a statement by Ministry of Commerce.
The investor delegation consisting of Mr. Bilha Sova, Industrial Division Manager, and Mr. Gil Or, Global Marketing and Sale Manager, of the Galam Group; Mr. Eran Zakut, Founder of the Beyond Forestry Company, Mr. Dany Goldshtein, CEO of the Cambodia Cassava company met recently with Commerce Minister Sun Chanthol.
During the meeting, the Israeli investors informed the Minister of their interest in investing in a cassava processing plant to produce starch for export using innovative technologies from Israel. Galam Group is one of the world leading starch producers.
Chanthol expressed his support for this cassava investment project and recognized the importance of advance technology in agriculture production and processing to better serve the global markets.
He also urged them to submit their investment application to the Council for the Development of Cambodia for consideration.
2 comments:
It is very difficult to deal with the Khmer race. If the Israel group asks, "Burma offers us the minimum wage of $65 a month but their regime is not stable, they might double it to $130 the next month."
Then they added, "You are more stable, and will hold the minimum wage to $100 a month, then increase to $110 next year, and so on?" Mr. Hun Sen promised, "Oh sure, come and invest in Cambodia. I will make sure of it."
As we all know, the CNRP are rallying people to double the minimum wage to $160, now to $177. If you invest in Vietnam at the $125 minimum wage, you will be totally safe. Vietnam does not have such problem. Vietnamese workers are much smarter and they found way to live within the $125 minimum wage. They don't fight.
Khmer workers are actually very savage. Just watch the video clips on Youtube. It's so hard to deal with the Khmer race. Khmer race mostly rank low or at the bottom among all other known races. Khmer race has been creamed off by the Thais repeatedly through the sacking of the Khmer capital. Brave, smart, and good Khmer were killed in battles, what's left are angry, coward and stupid Khmer today.
-Drgunzet-
This is Khmer tricks:
1. When Khmer race was about to be wiped out by the Thais, some Khmers will make a deal with the Vietnamese, "Save us from the Thais, we let you settle in these following lands in Khmer Krom."
The Vietnamese fought and saved the Khmer. Then later, a different group of Khmer will want the land back, "We did not agree to the deal. That's our land."
2. Khmer race has nothing and resorts to the game of "implication". When France fought Vietnam and take over South Vietnam, Khmer sent message to France, "Actually that land belongs to us, but we will let you have it, if you do this for us."
That's why France just ignored Khmer. And later on hated the Khmer for continuing to pester and insulting France. France employed Vietnamese to rule Khmer because France could not get along with the unreasonable Khmer.
-Drgunzet-
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