MONG RETHTHY INVESTMENT CAMBODIA OIL PALM CO., LTD.
(Joint Venture Company)
Share Proportion of Oknha Mong
Business License: Inv. 439/97E BN.ntk, Dated December 05, 1997
Registered Capital: KHR 70,000,000,000.00 = USD 17,500, 000.00
#152S, Preah Norodom Boulevard, Phnom Penh,
Kingdom of Cambodia.
Tel: 855-23-211 065, Fax:855-23-216 496,
E-mail: email@example.com, Website: www.mongreththy.com
- Palm Oil Plantation
- Palm Oil Business
Agriculture, Agro-Industrial and Processing Mill
- Import & Export
Place of Project:
National Road 4, Sankgat Cheung Kor, Khan Prey Nop,
Preah Sihanouk province, Kingdom of Cambodia.
Total Land Area:
Project Duration: 70 years
Chairman of Executive
Committee: Oknha Mong Reththy
The First Oil Palm in the Kingdom of Cambodia
In the wake of
government policies on agro-industrialization, in the eyes of
foreign investors and businessmen Cambodia is being seen as a
country of great opportunities owing to its abundant fertile land,
natural resources and competitive labor force. These three main
factors will definitely enhance the production yields and therefore
profits for the company. It is the first time in Cambodia's history
that oil palm has been commercially cultivated by MRICOP wiht
enermous incentives granted by the Royal Government of Cambodia.
Back in 1994, H.E. Dr. Oknha Mong Reththy initiated the project on
11,000 hectares of economic concession land in Prey Nop district,
Preah Sihanouk province. Up to now, MRICOP has grown oil palm in the
areas of 8,500 ha and has been determined with its plan to proceed
and complete the area of 11,000 ha by the year of 2010. Oknha Mong
Reththy firmly hope to the development in the agro-industrial domain
and Cambodian economic growth through the sales of CPOs in the
MRICOP is the first company and the time ever that
oil palm have been commercially planted in the Kingdom of Cambodia
and the land is suitable for such crops. And it is also the first
time Cambodian Oil Palm has marked in the world map of oil palm.
Germinated Seeds have been imported from two well-known countries:
Malaysia and Costa Rica with a great resistance of diseases and
drought and the climate of the two countries follows similar
patterns. The greatest year of all was 2002 when MRICOP finally put
a C.P.O (Crude Palm Oil) mill on operation after 10-months of
construction and installation. At present, MRICOP may harvest over
350 MT of FFB (Fresh Fruit Bunches) per day; but the CPO mill may
process only over 250MT/day, produced over 40MT of CPO per day. The
plan of increasing the production capacity is being under operation.
The international price of CPO is over US$1,350 per MT. The total
capital investment for MRICOP is around US$20 Million (up to 2008).
MRICOP exports its own CPO products to Malaysia, Switzerland,
Holland, India and France and etc.