On September 19, 2016, Phnom Penh SEZ Plc. was honored to witness the Grand Opening Ceremony for the second production line of Sichuan New Hope Agribusiness (Cambodia) Co., Ltd (“New Hope Cambodia”), which is the local subsidiary of New Hope Group (“NHG”), China’s largest privately held agricultural company. The new production capacity is to serve for the growing demand of animal feed domestically.
The ceremony was conducted under the presidency of H.E. Veng Sakhon, Minister of Ministry of Agriculture, Forestry, and Fishing, presence of the Company’s high-level managements and staffs, as well as many other distinguished guests from government and private sectors.
According to the speech delivered by Mr. Du Jiang Ping, General Director of Sichuan New Hope Agribusiness (Cambodia) Co., Ltd. NHG has been engaged in agribusiness since 1982. The company has been known as the largest feed producer in China and among the top-3 worldwide with annual production capacity of over than 20 million metric tons per annum. In addition, the company has extended the success to various businesses ranging from mill products, real estate, finance, chemicals and etc. The company reported the total sales revenue of 10 billion Yuan in the year 2015. Since 2010, New Hope Cambodia has committed to “Deliver the benefit to farmers, bring consumers the happiness”. The newly opened production line required 6 million USD for investment with the state-of-the-art technology. This production line aim to fulfill fast-growing agricultural industry in Cambodia.
We are delighted and honored to have new investment by current tenants reflecting their trust and appreciation on our dedication and commitment to the customers. We finally wish Sichuan New Hope Agribusiness (Cambodia) Co., Ltd. prosperity and continuing success in Cambodia.