Charoen in Khmer project
Liquor tycoon Charoen Siriwadhanabhakdi has teamed up with a Cambodian millionaire to invest in a US$50-million (Bt1.9-billion) sugarcane plantation and sugar production facility in Koh Kong, Cambodia.
Cambodia Daily reported yesterday that Charoen would hold a 49-per-cent stake in the project, with the transaction to be completed in December 2008. The newspaper said the sugar factory- part of the expansion of Charoen's alcohol business - would be the first of its kind in Cambodia.
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