HLH Agriculure Cambodia Co Ltd, a Singaporean-owned company that this year invested US$15 million in a corn-processing factory in Kampong Speu province, told the Post Thursday it would begin exporting by the end of the year.
Rort Veasna, purchasing officer at HLH, said his company would export about 300 tonnes of processed red corn to Singapore in November.
"It is our first phase of exports to foreign markets," he said, adding that the corn would be sold at $200 a tonne.
HLH has recently produced 800 tonnes of corn on its 450-hectare farm in Omlaing commune in Thpong district, Kampong Speu, he said, adding that it purchased an additional 1,000 tonnes from local companies and farmers. An additional 10,000 hectares are being planted in nearby Oral district, he added. Click to read more...
Monday, September 14, 2009
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