Vietnam to build the biggest fertilizer factory in its colony

Cambodia To Build Biggest Fertilizer Factory

PHNOM PENH, Dec 24 (Bernama) -- Cambodian Prime Minister Hun Sen on Thursday broke the groundwork to build the biggest fertilizer factory in the country with some US$65 million investment from Vietnam, reports China's Xinhua news agency.

"This is the seventh fertilizer factory but it is the biggest one in the country and the fertilizer from this factory will help to improve other agricultural crops," Hun Sen said at the ground breaking ceremony at Kien Svay district in Kandal province, about 30 km southeastern part of Phnom Penh capital.

Kien Svay is the main place producing the vegetables and other fruit to support Phnom Penh residents.

Hun Sen said that this factory has capacity of 350,000 tonnes of agricultural fertilizer product for first step and second step it will produce about 500, 000 tonnes annually.

The six others totally have capacity to produce about 10,000 tonnes of fertilizer only, the premier said.

It needs 24 months to end this construction project, according to the premier, and could offer about 500 job opportunities. "The fertilizer from this factory will also export to foreign markets," he said.

Meanwhile, Hun Sen thanked Vietnam, China, and South Korea for being the three biggest investment in Cambodia, even being hit by the global economic crisis.

Six SEZs along the Vietnamese border, several more are coming ... to boost the one-sided trade benefiting Vietnam

Cambodia strengthens Vietnamese trade with economic zones

Sunday, February 8, 2009
Thanh Nien News (Hanoi)

Cambodia has licensed six special economic zones along its border with Vietnam to boost bilateral trade, according to the Council for Development in Cambodia (CDC).

Of the six SEZs, two are already operational and the rest are still under construction.

The largest, the 100-hectare Phnom Den SEZ along the border with An Giang Province, which cost about US$100 million to build, would house agricultural processing companies and is slated for completion in 2015, the CDC said.

The Phnom Penh Post newswire quoted Kim Sithan, a secretary of state at the Ministry of Commerce, as saying that trade between Cambodia and Vietnam would increase to over $2 billion after this SEZ is completed.

Bilateral trade was an estimated $1.6 billion last year and is expected to reach $2 billion in 2010.

Another Cambodian official was quoted by the Post as saying that Phnom Den would “attract both tourists and businesses because it shares a border with the An Giang Province of Vietnam, which is a high growth region.”

Reported by Vinh Bao

Hun Sen's regime issued license for up to 19 special economic zones (SEZ) along the Vietnamese border

Six special economic zones at Vietnamese-Cambodian border region licensed

Wednesday, 04/02/2009
Quan Doi Nhan Dan (Hanoi's Voice of the Armed Forces and People)
Source: vneconomy

The Cambodian Government has, so far licensed, the establishment of six special economic zones (SEZ) along its border with Vietnam. Among them, two have been put into operation. and four others currently under construction.

Most of the farm product processing plants in these SEZ will belong to Vietnam, while their main destination of agricultural products will also Vietnam.

Noteably, the Phnom Den SEZ, covering an area of 100 hectares is being built with an investment capital of US$100 million provided by agricultural product processing companies. The project is expected to be operational by 2015.

As many as 19 SEZ have been licensed by the Cambodian Government so far, and it is expected that these six newly-licensed special economic zones will bring the trade turnover between Vietnam and Cambodia to US$2 billion by 2010.