Rubber firm eyes 1,500ha in Kratie

Phu Rieng-Kratie Rubber Joint Stock Company has set a target of

planting 1,000 to 1,500 hectares of rubber in Kratie province this

year, according to Vietnamese newspaper Nhan Dan. The company was

established last year with three founding shareholders – the Phu Rieng

Rubber Company, the Vietnam Rubber Industrial Group and the Song Da

Corporation – with the aim of planting rubber trees in Cambodia. In

2007, the company planted 200 hectares of rubber trees in Kratie’s

Snoul district. The company is building 150 houses for their Cambodian

workers and has donated $27,000 to build a school for the locality and

upgrade local pagodas, the Nhan Dan said.