Chinese company plans $100 million aquaculture project in CambodiaStaff Writer | January 31, 2017
A Chinese company and its local partner have a proposal for a $100 million aquaculture project in Cambodia that would include fish farms, a feed mill and a fish processing plant.
Seafood The Phnom Penh Post:
Representatives of China Ocean Fishing Holding Ltd and local holding company Khmer Holding Group Co Ltd held a presentation for Ministry of Agriculture officials to present their plans for the commercial aquaculture project, reports The Phnom Penh Post.
Kaing Kim, deputy director of the ministry’s Fisheries Administration, said that a proposed initial investment of $30 million would be used to develop a 200-hectare fish farming operation at a location yet to be decided.
An additional $70 million would be sunk into developing a feed mill and fish processing factory on the site, with production of frozen seafood and fish filets to be exported to China. ■