China invests big in Cambodia’s newest sugar mill

Global Business

In a major overseas investment, a Chinese company has opened one of Asia’s biggest sugar processing mills in Cambodia. The mill will create thousands of new jobs, boosting the country’s economy. The Cambodian prime minister performed the opening ceremony.

In a major overseas investment, a Chinese company has opened one of Asia’s biggest sugar processing mills in Cambodia. The mill will create thousands of new jobs, boosting the country’s economy. The Cambodian prime minister performed the opening ceremony.

CCTV’s Martin Lowe reports the story
Follow Martin Lowe on Twitter @MartinLoweTV

The blades of a cutting machine slice through rows of sugar cane. Standing four meters high, the cane stretches into the distance in every direction.

It’s being grown to supply one of the biggest sugar mills in Asia, built here in northern Cambodia by a Chinese company at a cost of $360 million.

Cambodia has welcomed the multi-million dollar investment; the country’s prime minister Hun Sen performed the opening ceremony.

But there are advantages too for Rui Feng. Cambodia has attractive trade concessions around the world, including duty-free exports to the European Union.


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