Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Port gives rice exporters a cut in storage costs

Port gives rice exporters a cut in storage costs

In a bid to ramp up rice exports to 1 million tonnes in 2015, the Phnom Penh Autonomous Port announced yesterday that rice stored in its warehouses would not be charge any fees for up to 18 days.

The move comes after 2014’s rice exports stacked up to 387,061 tonnes, according to the Agriculture Ministry, with Prime Minister Hun Sen admitting in December that the million-tonne goal was unlikely.

Song Saran, chief executive of Amru rice, said the port’s move was a “good sign” for rice exporters.

“I think it will help push our exports, especially to China,” he said, adding that storing rice at the port currently costs about $1 to $2 per tonne for every two weeks.

However, Saran said he believed the 1 million tonne goal was still improbable due to high logistical and storage costs outside Cambodia. “It’s one of the factors we cannot reach.”



Please, login or register to post a comment
vandavid's picture

While PPAP's effort is appreciated, as AMRU's Song Saran put it rightly, Cambodia cannot aim to achieve a million tons of milled rice official exports until our ports facilities provide adequate Bulk Cargo Loading, i.e. draft at ports must allow big vessels berthing the like of 25,000 DWT to 40,000 DWT size usually chartered to ship low valued commodities. Henceforth, we still have a long way to go...

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".