Cambodia's Soma Group, CP Intertrade sign deal to build rice mill
(MENAFN) Cambodian Soma Group along with Thailand's C.P. Intertrade have signed a joint venture agreement to build a rice milling and refining in the region of Kampong Speu province in Cambodia, Xinhua reported.
The deal was inked between Sok Puthyvuth, chief executive officer of Soma Group, and Prasit Damrongchietanon, vice-chairman of C.P. Trading Group.
The joint venture was to invest in constructing a large-scale rice milling and refining factory in Cambodia with an estimated investment of USD50 million, CEO of Soma Group said.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Market Research
- Gas Engine Market Analysis: Strong Growth Projected At 3.9% CAGR Through 2033
- Daytrading Publishes New Study On The Dangers Of AI Tools Used By Traders
- Excellion Finance Launches MAX Yield: A Multi-Chain, Actively Managed Defi Strategy
- United States Lubricants Market Growth Opportunities & Share Dynamics 20252033
- ROVR Releases Open Dataset To Power The Future Of Spatial AI, Robotics, And Autonomous Systems
- Blackrock Becomes The Second-Largest Shareholder Of Freedom Holding Corp.
Comments
No comment