Forty domestic companies have joined together to form a new association in a bid to increase agricultural exports.
The newly-elected President of the Cambodian Food and Rice Export Association Lim Bun Heng said at a conference on Saturday that the group intended to encourage exports of crops including rice, maize, cassava and soy beans.
“We will encourage farmers to increase their productivity and meet high quality standards,” he said.
According to a draft of the body’s action plan, the association plans to export at least 100,000 tonnes of crops to Europe, Asia, and Africa. Export activity is slated to being early in the second quarter of this year. Details of the association's capital were not released.
Mao Thora, secretary of state at the Ministry of Commerce, said that many exporters faced problems with meeting high buyer demand, but the new association may ease the process.
In 2010, Cambodia exported just 320,678 tonnes of its millions tonnes of its surplus agricultural products, according to figures released by the Ministry of Commerce last week.