November 30, 2010
Source: Xinhua
China's COFCO, the largest oils and food importer and exporter in China and a leading food manufacturer, on Tuesday afternoon expresses its interest to invest in rice exports and tourism in Cambodia.
"We are very interesting in rice exports from Cambodia and hotel industry in Cambodia,"Yang Hong, vice president of China Oil and Foodstuff Corporation (COFCO), said on Tuesday during a meeting with the officials at the Council for the Development of Cambodia (CDC).
"After the possibility study about the investment opportunity here, we will take the two sectors into investment consideration," she added.
She said that the Beijing-based COFCO Group is a leading firm in the businesses of biofuel and biochemical production, oilseed processing, rice trading and processing for exports, brewing materials production, and wheat processing, moreover, the group also engages in real estate businesses.
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