Cambodia aims to boost animal feed production

게시됨 2020년 8월 5일

Tridge 요약

Cambodia's government is trying to attract private investors to boost the country's animal feed production in order to cut down on imports, which currently account for nearly half of the demand. The Ministry of Agriculture, Forestry and Fisheries (MAFF) has hosted a roundtable discussion to encourage local investment in the animal feed industry, as the country imports around $250 million to $300 million worth of animal feed and livestock-related products annually, primarily from Vietnam. Despite having over 10 local animal feed producers, high production costs and the allure of cheaper imported products have hindered them from operating at full capacity. The government is also taking steps to support local farmers and reduce imports of live pigs by up to 70%, in an effort to increase domestic production.
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원본 콘텐츠

Cambodia’s government is seeking private investors to help increase domestic animal feed production and reduce imports. The country’s Ministry of Agriculture, Forestry and Fisheries (MAFF) recently held a roundtable discussion on animal feed production in Cambodia, after Prime Minister Hun Sen asked local investors to support the animal feed industry. According to MAFF Minster Veng Sakhon, Cambodia imports almost 50% of its animal feed because it costs more to use local supplies. He said the country imports $250 million to $300 million per year worth of animal feed and livestock-related products, much of it from Vietnam. Also costly for domestic production is electricity used in animal feed processing. “Currently there are more than 10 animal feed producers in Cambodia and if those companies make use of their capacity, we have no need to import any feed,” said Srun Pov, president of the Cambodia Livestock Raisers Association, in a Khmer Times report. “However, with the production ...

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