Connect with us

China

Durian Processing Factory opened in Southern Thailand

Durian has now become a very popular fruit among Chinese consumers, especially durian from southern border provinces known for a unique flavor.

National News Bureau of Thailand

Published

on

Durian Processing Factory opened in Southern Border Province

SONGKHLA, 09 July 2019 (NNT) – Durian is a very popular fruit in Thailand, and its export has become a major source of national income.

Loading...

Durian production has interested many Chinese investors, with the third-largest durian processing factory in Thailand recently opened in a southern border province.

Durian has now become a very popular fruit among Chinese consumers, especially durian from southern border provinces known for a unique flavor.

Despite the high demand, only 5 percent of national durian harvest is exported to China.

Manguwang Food Company has realized the great potential of durian exports to the Chinese market, and has therefore made a significant investment, in cooperation with the Thai government which offers tax deductions and facilitation in opening the country’s third-largest durian processing factory.

Despite the high demand, only 5 percent of national durian harvest is exported to China.

With the new factory located in Songkhla province, the company buys fresh durian fruit from local farmers in southern border provinces and processes it using a freeze-dry process.

The product is then exported to provinces of China overland through Laos and Vietnam. The company is planning to include shipping by sea in the future. It is expected the company will purchase 12,000 tons of fresh durian fruit this year, and will increase the number to 20,000 tons in 2020, creating 1,200 new jobs for villagers.

Thepha District Chief, Sanong Chantarak said this week that the new durian factory will be very beneficial for local villagers and help increase local employment, as well as attracting other businesses to invest more in southern border provinces.

Source link

Comments

China

Clear skies over Asia’s new foreign investment landscape?

East Asia Forum

Published

on

Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.

Loading...
(more…)

Continue Reading

China

Will Myanmar’s coup help China influence ASEAN?

The Myanmar crisis is becoming increasingly tragic, with the military’s use of lethal force now killing over 60 protestors.

Avatar

Published

on

On 16 January 2021, Chinese Foreign Minister Wang Yi concluded a visit to four ASEAN countries. One destination was Myanmar, the upcoming country coordinator of the ASEAN–China dialogue and now centre of international attention after the country’s military seized power.

Loading...
(more…)

Continue Reading

China

Rapid growth in China post-COVID makes it ripe for investment

Being “first in and first out” of COVID-19, China is the only country among the G20 that is thought by the Organisation for Economic Co-operation and Development (OECD) to have increased GDP in 2020.

Avatar

Published

on

China’s economy rebounded sharply.

In January 2020 as the world began to learn of COVID-19, many market observers predicted a challenging year for Asia. While there continue to be headwinds from the health and economic crisis, Asia, and China in particular, has demonstrated comparatively advantageous resilience.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,072 other subscribers

Latest

Trending