Kampong Thom Set to Become Hub for Cashew Production as Chinese Company Eyes Warehouse Development

 

Kampong Thom province is on the brink of significant agricultural development. Sinomac Hainan Development Co., Ltd., a leading Chinese state-owned agricultural enterprise, is studying the feasibility of constructing a state-of-the-art warehouse and drying yard dedicated to cashew nuts. This initiative aims to enhance Cambodia’s agricultural export potential, particularly in the burgeoning cashew sector.

The announcement came during a working meeting on 7 April 2025, chaired by HE Hean Sahib, Advisor to the Prime Minister and Chairman of the Investment Promotion Working Group in Preah Sihanouk Province. At the meeting, Sinomach expressed its intent to collaborate with the Royal Government of Cambodia to ensure that the investment project moves forward efficiently.

HE Hean Sahib underscored Cambodia’s promising investment climate and the government’s commitment to fostering growth through supportive policies. He welcomed Sinomach’s plans, noting that such investments are vital for improving local livelihoods and aligning with the government’s vision of establishing Cambodia as the “Cashew King of the Future.”

Sinomac Hainan Development Co., Ltd. is recognised for its comprehensive expertise across the agricultural spectrum, from crop cultivation to the export of finished products. The company is also notable for manufacturing agricultural machinery, including YTO tractors, and operates a dedicated research and development centre in China. Their experience extends to infrastructure projects like the Tatai Leu Hydropower Project in Koh Kong Province.

As discussions unfolded, stakeholders expressed optimism that this project could significantly enhance Cambodia’s agricultural landscape, positioning the nation as a key player in the global cashew market. The potential establishment of the warehouse and drying yard is expected to not only boost production capacity but also improve the livelihoods of local farmers and contribute to the region’s overall economic development.

This ambitious project symbolises a promising step forward for Cambodia’s agricultural exports and reinforces the growing partnership between Cambodia and China in the agricultural sector.

- Video Advertisement -

Related Post

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

In a significant move to strengthen economic ties, approximately 40 Chinese companies convened with representatives from the Cambodian Chamber of Commerce to explore promising investment opportunities across various sectors in Cambodia. The meeting was spearheaded by Oknha Banthi Vinh Hour, Vice President of the Cambodian Chamber of Commerce, and Ji Lin, President of the China […]

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

  Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]

Cambodia Sees Surge in Investment: 231 New Projects Worth USD 3.4 Billion Approved in Early 2025

In an encouraging start to 2025, Cambodia has demonstrated robust economic growth, with the Council for the Development of Cambodia approving 231 new investment projects in the first four months, totaling an impressive USD 3.4 billion. This marks a significant increase of 34% in investment capital compared to the same period last year. The latest […]

Taiwanese Tech Giant ADATA Expresses Interest in Investing in Cambodia’s Technology Sector

In a significant development for Cambodia’s tech landscape, ADATA Technology Co., Ltd., a leading Taiwanese technology company, has officially expressed its interest in investing in the country’s advanced technology sector. This announcement came during a meeting between Cambodian Prime Minister Hun Manet and ADATA Chairman CHEN Simon held on April 30, 2025. During their discussion, […]