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A contract was signed in Phnom Penh on August 2 by Cambodian Five Star International Group with China’s Jiangsu Right Machinery Group to transfer the new technology for fertilizer production to the first modern fertilizer plant in Cambodia.
Under the contract, Jiangsu Right Machinery Group will provide two fertilizer processing chains using Japan’s most up-to-date technology.
The Cambodian plant is expected to be operational by 2011 and produce about 500,000 tonnes of fertilizer per year in 40 high quality categories. This will help farmers raise their production output and living conditions.
This is a joint-venture between Cambodian Five Star International Group and Cambodia Investment and Development Company under the Bank for Investment and Development of Vietnam (BIDV), with a total capital of US$65 million.
Under the contract, Jiangsu Right Machinery Group will provide two fertilizer processing chains using Japan’s most up-to-date technology.
The Cambodian plant is expected to be operational by 2011 and produce about 500,000 tonnes of fertilizer per year in 40 high quality categories. This will help farmers raise their production output and living conditions.
This is a joint-venture between Cambodian Five Star International Group and Cambodia Investment and Development Company under the Bank for Investment and Development of Vietnam (BIDV), with a total capital of US$65 million.
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