Investment needed to hit rice target

Cambodia needs at least another $120 million of investment in rice mills if it is to meet the government’s 2015 target of exporting 1 million tons of rice, Agriculture Minister Chan Sarun said yesterday.

While rice exports from Cambodia this year have seen a significant increase – exports have so far exceeded 200,000 tons compared to 55,000 tons last year – there is still a shortfall in the amount of private investment going into rice milling and most of the paddy produced here is sent over the border into Vietnam or Thailand for production…

Hul Reaksmey, p.25
http://www.camnet.com.kh/cambodia.daily/   (Note: Infrequently Updated.)