March 26, 2021
CP Cambodia investing more than $67 million in livestock, meat productions
CP Cambodia is investing more than $67 million in livestock production, food processing and slaughterhouses in Cambodia.
The investment aligns with the Cambodian government's policy and development plan for the agricultural sector 2019-2023, said Minister of Agriculture, Fisheries and Forestry (MAFF) Veng Sakhon.
CP Cambodia is one of the largest companies investing and operating in the local sector and processes pigs, chickens and chicken eggs, as well as producing animal feed and food, including sausages, meat balls and ham, according to Sakhon.
Currently, the company has two factories, located in the provinces of Kampong Speu and Pailin. The factories are able to produce 55,000 tonnes of meat per month, and 200,000 tonnes of red corn and 100,000 tonnes of dry cassava per year for the purpose of use as animal feed.
For other raw materials, CP Cambodia has requested that the agriculture ministry allow it to import inputs from Thailand to fulfill the factory’s needs, Sakhon said. The company has also supplied chickens that can produce 700,000 chicks per week and sufficient pigs to produce 20,000 piglets a week.
"To fulfill the growing need for chicken and meat production, the company has established another slaughterhouse which is able to produce 10,000s chicken per day and 500,000 kilogrammes of ham per month," Sakhon added.
CP Cambodia will need 2,700 workers as its production will cover the entire supply chain. The company will expand animal production by implementing contract farming for pigs and chickens using 1,400 household farmers across Cambodia from this year forward.
"The company plans to increase animal and food production by 15 to 20 percent in order to supply the domestic market, which is increasing year on year," Sakhon said.
- Khmer Times