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Nautisco Seafood was established in 2007 by Nautisco Inc., a Canada-based company whose shareholders include individuals with prior seafood processing experience in Eastern Europe. Nautisco Seafood’s facility is located near Steung Hav port in Sihanoukville province, and is Cambodia’s largest and most modern seafood processing plant.
The Company’s initial focus will be on processing wild shrimp, but it plans to later expand into other seafood products. Production commenced on September 8th, 2009, with capacity of 10 tons of shrimp per day. The plant’s size allows future capacity expansion of up to 30 to 40 tons of shrimp per day.
The Company sources its raw materials primarily from local fishermen who net shrimp from small boats along Cambodia’s 440 kilometer coastline. In the past their catch was sold mostly to processors in Vietnam and Thailand. In the future, Cambodian seafood can be exported as a product labeled “Made in Cambodia”, with the local economy capturing the entire value chain. In addition, Nautisco Seafood’s presence as a local, modern seafood processing plant may encourage other entrepreneurs to invest in prawn farms and fish farms, further expanding the industry.
The Company’s currently distributes its finished products in Cambodia, but plans to commence exports soon to Japan and Korea, and later to target customers in North America and Europe.
Nautisco Seafood is 31% owned by Leopard Cambodia Fund.
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