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| Cashew nuts, tipped for Cambodian success, are displayed at a store in Phnom Penh’s Chamkarmon district yesterday. (Photo: Pha Lina) |
May Kunmakara
The Phnom Penh Post
CAMBODIA’S first cashew nut processing plant could help create jobs in rural areas and give a welcome boost to a growing industry.
Cambodia’s Mekong Rain Natural is set to invest US$5 million to build the plant, which it hopes will start production in March next year.
The plan has been welcomed by the government and industry insiders, who say it would help grow the industry and create jobs.
That view is supported by a new study from the International Finance Corporation, which found that local processing could boost the industry by an additional $30 million to $40 million a year.
Please click here to read more...
Cambodia’s Mekong Rain Natural is set to invest US$5 million to build the plant, which it hopes will start production in March next year.
The plan has been welcomed by the government and industry insiders, who say it would help grow the industry and create jobs.
That view is supported by a new study from the International Finance Corporation, which found that local processing could boost the industry by an additional $30 million to $40 million a year.
Please click here to read more...
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