Source: allaboutfeed.com
Cambodia’s biggest animal feed producer CP Cambodia announced that it would increase production 20 percent this year in a bid to respond to farmers' demand.
Wittaya Kreangkriwit, Vice President of CP Cambodia, a subsidiary of its Thai parent firm, said that his company would produce 144.000 tonnes of animal feed to sell throughout the country at US$ 500 per tonne.
"We want to encourage more and more farmers to raise animals in order to reduce meat imports from other countries into Cambodia," he said.
In 2009, the company, which is located in Phnom Penh, sold 120,000 tonnes of feed to its customers at US$ 460 per tonne, according to company data. Total sales were worth $55.2 million. This year, sales are expected to reach $72 million, the firm estimates.
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