Phnom Penh, Cambodia – TBC Global Partners has announced the signing of a Letter of Intent with Artelia Cambodia to establish a strategic Joint Venture for the development of a Cashew Factory Project in Cambodia. The agreement was signed on February 25, 2025, by Mr. Walter Dantis, CEO of TBC Global Partners, and Mr. Bruno DARCANGUES, Managing Director of Artelia Cambodia.
Under the terms of the agreement, Artelia Cambodia will serve as the lead partner in the joint venture, with TBC Global Partners providing essential subcontracting services for BOQ Development and 3rd Party Review. The project is expected to play a key role in boosting Cambodia’s industrial sector and supporting the country’s growing cashew industry.
The signing ceremony was attended by Mr. Surya Narayan, Director and in-charge of Corporate Relations at TBC Global Partners, and Mr. Nikhil Myana from Artelia Group. Both played a significant role in facilitating the partnership and aligning the strategic goals of both organizations.
“This partnership marks an important milestone for Cambodia’s industrial sector,” said Mr. Surya Narayan. “The collaboration between TBC Global Partners and Artelia Cambodia will bring valuable expertise and investment to the country, contributing to sustainable economic development.”
The joint venture aims to streamline the production and export of cashews from Cambodia, providing a significant boost to the local agricultural and manufacturing industries. Both parties expressed confidence in the project’s potential to create new opportunities and drive long-term growth in the region.
About TBC Global Partners:
TBC Global Partners is a leading business consulting and investment firm focused on driving investment, business growth, and tourism development in Cambodia and the wider region.
About Artelia Cambodia:
Artelia Cambodia is part of the Artelia Group, a multidisciplinary consultancy, engineering, and project management firm with a strong presence in Southeast Asia.
