VOVNews/VNA
A joint venture named 7FTD between Vietnam, Belgium and Cambodia, inaugurated a factory producing concrete products to meet demand in Cambodia on March 1.
The joint venture was established between Vietnam’s Thu Duc Centrifugal Concrete Joint Stock Company, Belgian firm Flanders Concrete Corporation and Cambodia’s 7N.G company.
The 7FTD factory, covering an area of six hectares, is located at Viheasuor commune, in the Khsach Kandal district of Kandal province, 35 kilometres to the northeast of Phnom Penh city.
The US$6 million joint venture will focus on manufacturing concrete poles for electric cables, spun concrete piles, sewer pipes and precast concrete construction.
7FTD will be operated with modern technology with an annual turnover of US$8 million, said Chairman of the Management Council of the Thu Duc company Ha Ngoc Lan, adding that it was expected to generate 200 jobs.
2 comments:
cambodia need and can sure use more concretes everywhere, really! someone should invest in concrete production, ok! we don't care who, whether khme law abiding youn or any other ethnicity, etc, just invest and make more concrete for cambodia, that's all. god bless cambodia more and more.
I don't care who ever doing business in Cambodian except ah Youn motherfuckers I dislike that people never wanted them to involed anything with Khmer unless they give Kampuchea Krom back to us. Otherwise just get da fuck out from my country we don't welcome the enemies to live in our land.
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