December 27, 2012
Vietnam, Cambodia launch Nam Sao Cambodia fertiliser plant
The Nam Sao Cambodia international fertiliser plant, a collaborative projectbetween Cambodia and Vietnam, was inaugurated on Tuesday (Dec 25) in Somrongthom Commune, Kean Svay District, Preyvan Province, Cambodia.
Prime Minister of Cambodia Hun Sen attended the ribbon-cutting ceremony. The US$65 million plant was invested by the Nam Sao Cambodia Group, a joint venture between Vietnam''sNam Sao International Corp. and Cambodia''s Investment and Development Corp.
The 10.91-hectare plant, which began construction in December 2009, is deemed as the most modern in Southeast Asia and is capable of producing 300,000 tonnes of NPK (nitrogen - phosphorus - and potassium) fertiliser a year during its first operation phase, and 500,000 tonnes in the second phase.
The high-quality NPK produced by Nam Sao Cambodia will meet 50% of Cambodian demand, while also providing local farmers with the latest agricultural methods to help them optimise production, the company said.
"The Vietnam-invested projects in Cambodia, including this Nam Sao fertiliser plant, has brought eco-social effectiveness for Cambodia, contributing to its state budget collection, generating jobs, and fortifying the cooperation between the two countries," Hun Sen remarked at the ceremony.