German firm studies feasibility of exporting processed bamboo products

German firm studies feasibility of exporting processed bamboo products

After four-year growth of bamboo in Cambodia, a German company is studying the feasibility of the export of processed bamboo products to international markets.

The intention was shared by Mr. Thureing Aung, Director of LIPP Engineering Sdn Bhd who said that the company is fully capable of planting, processing and finding the markets for the bamboo.

The processing of the products, he added, utilizes imported technology from Germany and financial support from the European Union.

Mr. Thureing Aung continued that through the support of Mr. Veng Sakhon, Minister of Agriculture, Forestry and Fisheries, his firm has invested US$750 million in the bamboo planting and processing project.

His bamboo plantation currently encompasses a total of 25,000 hectares of land surface in Cambodia.

The investment does not only increase added value to the resource, diversifying bamboo products, but also promotes the development of people’s living condition and local communities.