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Australian agribusiness wants to expand its business into Cambodian market

Australian agribusiness SPC Global is set to expand its business into the Cambodian market, focusing on exporting locally-grown mango, rambutan, longan and dragon fruit. SPC Global chairman Hussein Rifai and CEO Matthew McMichael paid a visit to Phnom Penh and Kampong Speu province from June 14-16 to look into Cambodia’s opportunities for agricultural investment and trade.

SPC Global’s visit is part of Australia’s efforts to strengthening agricultural ties with Cambodia. It was initiated following a successful meeting between SPC and Cambodian delegates during the CAPRED [Cambodia Australia Partnership for Resilient Economic Development] Agri-food Industrial Park visit to Australia earlier this year.

A company statement read: “SPC can provide Australian food expertise and knowhow that will enable the development of innovative food products of the highest global quality while developing the agri-food industry in Cambodia. The agri-food sector is one of Cambodia’s key focus sectors and Australia is already supporting its development. We are grateful to CAPRED for bringing this opportunity to our attention and are already progressing discussions with a couple of the businesses they introduced to us.”

Source: phnompenhpost.com

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