October 23, 2017
ANT invests in new feed mill in Cambodia's special economic zone
A new feed mill will be built in Phnom Penh, Cambodia, with a $7.5 million investment made by Asia Nutrition Technologies (ANT), The Phnom Penh Post reported.
The new plant, which is to be established in the Phnom Penh Special Economic Zone (SEZ), the city's largest industrial park, is expected to produce 144,000 tonnes of feed per annum and employ 150 workers.
ANT, a subsidiary of Taiwan-based feed producer Great Wall Enterprise, also signed a long-term lease agreement to operate a factory on 2.8 hectares of land, according to the senior manager of Phnom Penh SEZ, Michelle Zao.
The factory will start operations in the first quarter of 2019 following 14 months of construction.
ANT is looking to expand its presence in Cambodia's rapidly developing market through local feed production.
Said Zhao: "Cambodia's domestic market is growing fast as purchasing power increases. Thus, (there are) more and more domestic-oriented manufacturers looking at Cambodian operations now, especially in the Phnom Penh area."
She added that the company had, in the past, delivered feed products to the country from a Vietnamese factory site.
ANT will source feed materials from within Cambodia and outside the country, to produce its three signature brands, namely, Red Star, DaChan and Dr Nupak, Zhao said.
The company is one of the five organisations to sign lease agreements with Phnom Penh SEZ since the beginning of 2017, and joins China's New Hope and Thailand's Betagro in the industrial park.
- The Phnom Penh Post