Cambodian fertiliser plant
Vietnam’s Five Star Group has opened a new US$80 million (€61m) fertiliser plant in Cambodia, marking the latest of a series of high-profile Vietnamese investments in the country. Located in Kandal Province, the facility will initially be able to produce around 350 000t of NPK fertilisers per year. Capacity will reach more than 500 000t per year in the second phase, making it Cambodia’s largest fertiliser plant. Work on the plant, a joint venture between the Five Star Group and the Cambodian Investment and Development Company, got underway in December 2009 under a co-operation programme between the two countries.