The Cambodian Cashew Association and the Cambodian Cashew Federation on Tuesday signed two memorandums of understanding with the Cambodian Hotel Association at the Ministry of Commerce.
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Many foreign companies and investors have shown interest in studying and investing in biomass and bioenergy production using cashew nuts and branches in Cambodia.
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Cambodia’s rise to second place in the world’s raw cashew nut production ranks ahead of India and just one point behind Ivory Coast for the top spot.
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On Tuesday, Prime Minister Hun Sen approved the establishment of a cashew industrial zone in Kampong Thom province, which could create a new source of income for people living in Zone 3.
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A group of Korean investors visited Kampong Thom province to assess potential locations for setting up a cashew processing plant for export. Their interest stems from the region’s agricultural potential
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