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Tuesday, September 18, 2007

British investors interested in pig rearing, bio-fuel in Cambodia

A group of British investors have expressed interest in cooperative investment in pig-rearing and jatropha growing in Cambodia, local media reported on Tuesday.

The investors showed their interest after visiting some agro- industrial farms in Sihanoukville Municipality and Koh Kong province on Sunday, reported Cambodian-language newspaper the Kampuchea Thmey.

British Ambassador David Reader said during the visit that he had brought two important British companies to observe the sites, operated by the Cambodian Mong Reththy Group. In the future many other UK firms will arrive in the kingdom to cooperate with the group for the development of the nation's agricultural and agro- industrial sectors.

Stephen J. Curtis, the executive chairman of ACMC, an East Yorkshire-based pig breeding and pig genetics company, said that his company was interested in cooperating with the Mong Reththy Group as Cambodia has strong potential to provide favorable conditions for industrial-scale pig-rearing.

Mong Reththy, director of the Mong Reththy Group, said that foreign investors seemed very keen on pig rearing and jatropha planting in Cambodia, and his company is ready to work with the foreign investors.

"If the plan can be operated, it would be a proud moment for the nation and its people," the director added.

Source: Xinhua

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