Philippines’ Profood International Corp this week revealed plans to build a factory for the manufacture of dried mango products that will be shipped to the Chinese market, with local officials saying the new investment will help expand the market abroad for local fruit.
For in depth analysis of Cambodian Business, visit Capital Cambodia
Profood is expanding its presence in Cambodia to address the growing demand for dried mango in international markets, particularly China, Justin Uy, the founder and president of the company, said on Tuesday.
“The good news is that we cannot produce enough to meet demand in the market,” he said. “The bad news is that we don’t have enough mangoes.
“We are building a new factory in Cambodia, to supply exclusively the Chinese market, because the Philippines doesn’t have enough mangoes and we don’t want to lose the market to other Asian countries.”
The planned factory will consist of 11 hectares with a production capacity of 4,000 tonnes of dried mangoes per season, Mr Uy said, adding that the plant is already under construction and is slated for completion by 2019.
Profood sells its products in 52 countries, according to Mr Uy.
Hean Vanhan, the director-general of the general-directorate of agriculture, said yesterday he did not know about Profood’s new factory until asked by the reporters, but said any investment in the industry is in line with governmental efforts to sell Cambodian agricultural products in more markets abroad.
“It is important to have processing factories as they are key in helping local farmers sell their products in new markets,” he said.
Mr Vanhan added that processing and preparing products for export was easier with dried mangoes than with fresh ones, requiring simpler equipment and procedures.
Kong Pheach, the director of the agro-industry department, said that while there are many factories in Cambodia that process fresh mango products, Profood’s new plant will be the first one dedicated to dried mango.
According to Mr Pheach, Kampong Speu is the province in the kingdom that produces the largest quantity of mangoes.