Saturday, 21.7.2007: Japanese Investment Company Announces Investment in Refining Castor Oil to Produce Diesel Fuel

Posted on 21 July 2007. Filed under: Week 517 |

The Mirror, Vol. 11, No. 517

“Phnom Penh: Thirty Japanese investors expressed their ideas about large scale investments for the first time in Cambodia on 20 July 2007, after they had visited Cambodia from 16 to 20 July. In the meantime, they expressed their purpose of investment in refining castor oil for diesel fuel with a capital approximately US$800 million [sic].

“Mr. Hayashi Mitsuo said that the amount of approximately $800 million is calculated for the arrangement of the factory to produce oil and for the arrangement of the structure of the factory. He continued, ‘We have decided on this investment. We have already tested growing castor plants; as soon as we are guaranteed to have land, we will start.’

“He continued, ‘We will get the first output after three years on land of approximately 48,000 hectares for 100,000 tonnes of oil.’ He continued, ‘We can use the 100,000 tonnes of oil as diesel fuel.’ The investment is planned to be conducted in three years on land of approximately 50,000 hectares. Mr. Hayashi Mitsuo went on to say, ‘We have already discussed with the citizens and farmers who grow castor plants. Concerning this issue, we have to provide the technique to produce the oil, and one more thing we asked them is to use good seeds, on which we have done research. We start to use the existing seeds in Cambodia, but we have to improve them so they are suitable to the fertile soil in Cambodia.’

“The Japanese investor continued, ‘I speak only for my company; for the other 29 other companies I don’t know for sure about their plans.’ He continued, ‘We get about 40% of oil out of the castor beans.’ He affirmed that the harvesting from one castor plant may continue for up to three years.

“He continued, ‘We have done research on this issue for ten years, and we know about the fertile soil in Cambodia which is suitable for castor plantations. If we think also about the number of workers to be involved – it is from 40,000 to 50,000 [sic] for land of approximately 10 hectares [sic – but these figures can hardly be correct].

“It is noticed that it is the first time that the Japanese Biwako Bio Laboratory Company [info and pictures in Japanese only] decided to make a large scale investment in Cambodia after the visit of Samdech Hun Sen, the head of the Royal Government of Cambodia to Japan, to support and attract big Japanese investors to Cambodia.” Koh Santepheap, Vol.40, #6097, 21-22.7.2007

Newspapers Appearing on the Newsstand:
Saturday, 21 July 2007

Chakraval, Vol.15, #2699, 21.7.2007

  • In Late August, Opposition Party Will Hold Congress to Remove Ms. Mu Sochua [as Secretary-General and replace her with Yim Sovann, a parliamentarian from Phnom Penh – according to a source from the Sam Rainsy Party]

Kampuchea Thmey, Vol.6, #1397, 21.7.2007

  • Italy Wants to Provide Assistance to Strengthen Legislative Institutions in Cambodia
  • Young Unmarried Woman Raped by Schoolboy of Tbaeng Meanchey High School [who escapes – Preah Vihear]
  • Mr. Thaksin [Shinawatra, former Thai Prime Minister] Takes Legal Action against Thai Assets Examination Commission [the government’s anti-graft organization] for Freezing His $2.1 Billion
  • Rain Storms and Lightnings Kill 59 People in China

Koh Santepheap, Vol.40, #6097, 21-22.7.2007

  • Japanese Investment Company Announces Investment in Refining Castor Oil to Produce Diesel Fuel
  • Concern in Cambodia: 40% of Children under 5 Are Malnourished [according to World Vision press release]

Moneaksekar Khmer, Vol.14, #3216, 21-22.7.2007

  • Nuon Chea Considers Khmer Rouge Tribunal to Be His Final Battlefield; Khiev Samphan Says It Seems Too Soon to Say that He Is a Criminal
  • Mr. Sam Rainsy: Prohibition against Khmer Corrupt Officials from Entering America Does Not Affect Relations between the Two Countries
  • Tim Thiem, Father of Monk Tim Sakhan [who has recently been defrocked on accusation of perpetrating an offense against the Buddhist law, because he broke the unity between Vietnam and Cambodia, who disappeared], Wants to Know for Sure Whether His Son Is Alive or Dead

Rasmei Kampuchea, Vol.15, #4342, 21.7.2007

  • Nuon Chea Says He Will Defend Himself in Front of Khmer Rouge Court
  • World Bank Supports Reform Process in Cambodia
  • Italy Proposes to Cambodia to Create Honorary Consulate in Phnom Penh

Go to last week’s editorial

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3 Responses to “Saturday, 21.7.2007: Japanese Investment Company Announces Investment in Refining Castor Oil to Produce Diesel Fuel”

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It is bad because the translation is not
reflected of khmer contents. Be proffessional,

Thanks, Sok Lin, for your comment – but would you please say more in detail where you see that “the translation is not
reflected of khmer contents” – we discussed it, but do not get your point. We are of course concerned to be professional, but it will help if you could spell out clearly the problem you see. Thanks.

May i requiest the Biwako bio laboratory
investment company addresse.

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