Green light for $161M Kandal brewery

The Council for the Development of Cambodia (CDC) last week approved a $160.6 million brewery in Chhak Chhoeu Neang commune’s Trapaing Veng village in Kandal province’s Ang Snuol district.

The project is invested in by Hanuman Beverages Co Ltd and is expected to generate 1,545 jobs, the CDC said.

 

Ministry of Science, Technology and Innovation spokesman Oum Sotha told The Post on Monday that it welcomed the project, which he said will help meet local and foreign market demands.

“The ministry and I have always welcomed all of the projects that the Council for the Development of Cambodia has approved.

 

“We’ll always support the creation of new factories, increasing business and employment for Cambodians both directly and indirectly,” Sotha said.

He said the government is making every effort to attract foreign investors and encourage investment in food and beverage processing plants which curb imports into Cambodia.

“Of course, beer products are not necessities, but if both domestic and foreign markets still demand them and [production] remains competitive, Cambodia should permit the further establishment of this type of business based on real investment.

“In addition to beverages, there are other non-alcoholic beverages we could look to support to further cut back imports – such as orange juice, fruit juice and pure drinking water,” he said.http://https://www.phnompenhpost.com/business/green-light-161m-kandal-brewery