Trade4go Summary
The Cambodian Cashew Association, led by Vice President Suy Kokthean, is collaborating with Turkish and American businesses to develop a specialized cashew growing area in Kampong Thom province, Cambodia. Supported by the Cambodian government, this initiative aims to boost cashew production and export through international partnerships. Japanese company Mirarth GreenTech plans to construct two large-scale processing plants in the region. The project seeks to establish a cashew center by the next harvest season, initially focusing on exports to Turkey, with plans to expand to European and Middle Eastern markets. Cambodia, currently the second largest exporter of raw cashews, aims to become the largest within 3-5 years, having exported over 560,000 tons in the first eight months of 2024.
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Original content
Source: mekongasean.vn The above content was discussed by Vice President of the Cambodian Cashew Association (CAC) Suy Kokthean with Khmer Times on October 17, 2024. Mr. Kokthean said that he himself discussed with Turkish and American businesses to call for investment in establishing a specialized cashew growing area in Kampong Thom province, according to the Khmer Times. Mr. Kokthean shared that the Cambodian Government advocates promoting the production and export of cashew nuts on the basis of cooperation between CAC, cashew processing companies and international investors. “We want to establish a cashew center as soon as possible. Currently, our working group has started collecting information from domestic businesses to find businesses that want to participate in implementing this project,” said Vice President of the Cambodian Cashew Association Suy Kokthean. Mr Kokthean added that a Japanese company called Mirarth GreenTech has expressed its desire to build two large-scale ...