A Chinese firm has signed a memorandum of understanding (MoU) with the Ministry of Agriculture, Forestry and Fisheries to develop an industrial-sized fish farm, the country’s first facility on such a large scale. Jianyutang (Cambodia) Fish­­­ery will be responsible for building fish stocks to manage sustainable fisheries, developing aquaculture technology, generate investment, and promoting more trade and investment in fish breeding, among other things…Full Article: The Cambodia Daily Feb 2017

Key Point

  • Jianyutang (Cambodia) Fishery is a joint-venture between Hong Kong’s China Ocean Fishing Holding and Cambodia’s Khmer First Investment Holding Group.

ChinaAg Comments

  • In January 2017, Cambodia’s Deputy Director of the Ministry’s Fisheries Administration stated that US$30 million was proposed to develop a 200-hectare fish farm (location unspecified), with an additional US$70 million to potentially be invested in a fish feed mill and processing factory. The investments would be made by China Ocean Fishing Holding’s subsidiary, Shenzhen Jinyutang Fishery, and Cambodia’s Khmer Holding Group (see businessman Cao Yunde, aka Khao Yun Dy).
  • Founded in 2001 and headquartered in Hong Kong, China Ocean Fishing Holdings (HKG:8047) is a seafood/aquaculture based investment holding company that owns various subsidiaries based in the British Virgin Islands, Hong Kong, and mainland China.

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