Enserv Holding Australia Explores Investment in Transformative Sorghum Processing for Biogas & High-Protein Rice in Cambodia

Enserv Holding Australia has conveyed its keen interest in investing in sorghum processing in Cambodia in a meeting with Prime Minister Hun Manet and Mr. Tanachat Pochana, the company’s President,  during the ASEAN-Australia Special Summit in Melbourne on 4 March 2024.

The company envisions leveraging sorghum to produce low-calorie, high-protein rice, with an added focus on generating biogas. The interest highlights the versatile nature of sorghum, emphasising its potential to thrive across various soil types with lower water requirements compared to traditional rice crops.

Mr. Pochana articulated the company’s commitment to cultivating sorghum in Cambodia, emphasizing its eco-friendly attributes, including carbon dioxide absorption. Mr. Pochana underscored the intention to process sorghum into finished products for export, recognising Cambodia’s favourable agricultural conditions.

In response, PM Hun Manet highlighted Cambodia’s strategic shift away from approving coal-fired power plants, aligning with the country’s commitment to adopting new and modern technologies in the energy sector. The Prime Minister welcomed Enserv Holding Australia’s exploration of investment opportunities and encouraged the company to collaborate with relevant ministries, especially the Ministry of Agriculture, Forestry and Fisheries, under the coordination of the Council for the Development of Cambodia and the Ministry of Commerce.

- Video Advertisement -

Related Post

Cambodia’s Business Landscape: New Company Registrations Decline Amid Increased Eliminations

In a dynamic turn for Cambodia’s business environment, the Ministry of Commerce reported that in the first 11 months of 2024, the country registered 9,530 new companies. This marks a notable decrease of 17.17% compared to last year, highlighting a shift in the entrepreneurial climate as challenges persist. Among the new registrations, 4,725 were capital […]

France Grants USD 192.2 Million in Cambodia’s Water Infrastructure

The French government has committed USD 192.2 million to enhance Cambodia’s water infrastructure, focusing on the restoration of the Stung Svay Chek reservoir and the third phase of the Bak Kheng water treatment plant. The agreement was signed on December 18, 2024, by Cambodia’s Minister of Economy and Finance, Aun Pornmoniroth, along with representatives from […]

Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024

In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]

Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy

To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative, running from 2025 to 2028, aimed at revitalising the iconic UNESCO World Heritage site. The announcement was made on 13 December […]

Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future

Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]

Cambodia Faces Mounting Debt Challenges in the Real Estate Sector

The real estate sector in Cambodia is grappling with mounting financial concerns, as total housing debt nears USD 1 billion, according to insights shared during the recent roundtable discussion, The Debt Situation in Cambodia, organised by the Real Estate and Mortgage Regulatory Authority. Mr Chou Vannak, Director General of the authority, revealed that homebuyers owe […]