Prime minister admits 1 million tonne goal is unlikely for rice sector

Prime Minister Hun Sen yesterday admitted that the government target of reaching 1 million tonnes of rice exports by 2015 is likely to fail due to a lack of milling capacity and funding. … The PM blamed the failure on a lack of investment in rice milling and paddy storage facilities. … Sok Puthyvuth, president of the Cambodia Rice Federation (CRF), and also the son-in-law of Hun Sen, agreed that Cambodia was unlikely to reach the 1 million tonne target. He said the uncontrollable offloading of rice stock to buyers had made it a tough year. …

Chan Muyhong
http://www.phnompenhpost.com/business/prime-minister-admits-1-million-tonne-goal-unlikely-rice-sector