In Asian Development
Outlook 2016, the Asian Development Bank has called Cambodia Asia’s New
Tiger Economy. The country has much to do – or change – to attract the
international market, but forecasts are optimistic for this ASEAN country.
As outsiders look into the potential of Cambodia for their
businesses, we hope to give them an idea through our interviews with local
manufacturers. The most recent, and biggest
investment in the food and beverage market to date has been the opening of the
country’s first and only dairy ANGKOR Dairy Factory, a USD23 million joint
venture between Vietnam’s Vinamilk and BPC Trading Co. in Cambodia: Cambodia opens first and
only dairy factory.
We first heard about the launch of this Cambodian venture from
Vinamilk CEO, Mr Mai Hoai Anh, whom we interviewed in February. Vinamilk:
Success in sustaining business and environment
Craft brewing
Also in FoodPacific
Manufaturing Journal, we featured craft beer in Cambodia. In the
report,
Cambodia runs tap for fresh beer,
we featured companies like Cerevisia Craft Brewhouse, Himawari, and Tawandang
Microbrewery. The growing appetite for fresh beer can only be a taken as a good
sign of the locals opening up to new flavors and tastes.
Cider drinks
In February, we featured Bruntys, a local producer of cider.
In the article, Asia warms
up to the taste of cider, Master Cider Maker Brian Brunt talks to us about
introducing Cambodians, and Asians to
the light taste of cider as an alternative to beer.
Pepper tea, palm
sugar
Cambodia has a strong agricultural industry. Among its main
products is palm sugar. One of the country’s producers of palm sugar is Confirel.
Last year, we interviewed the founder and president, Dr Hay Ly Eang his plans
for Confirel which at the time was to focused on countryside development. His
company produces various products including pepper tea, palm sugar, and wines
and spirits:
In the July issue, we will be featuring another local
producer that has been doing well in the long peppers business.
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