Logo of Phnom Penh Post newspaper Phnom Penh Post - Facility for rice opens in Battambang

Facility for rice opens in Battambang

Content image - Phnom Penh Post
Rice storage was on sale in a small stall at Phnom Penh's market. Heng Chivoan

Facility for rice opens in Battambang

Cambodia's first $15 million rice storage and drying facility made its official debut on Tuesday, while three other facilities are set to open later this week, according to insiders.

The Battambang province–based rice storage facility, which is operated by Thanakea Srov (Kampuchea) Plc, received a $15 million loan from the state-owned Rural Development Bank (RDB) in early 2016.

The warehouse is set to be the first privately owned centralised storage facility with a capacity to store 200,000 tonnes of wet paddy and process the drying of 3,000 tonnes of it a day.

Phou Puy, chairman of Thanakea Srov, said that with the presence of the warehouse, good prices for farmers’ rice can be assured.

“From now on, we have enough capacity to collect paddy from farmers and ensure the quality of milled rice for buyers. Our farmers are no longer worried about market and price,” he said.

RDB also provided loans of $15 million to two other rice-milling companies, Khmer Food and Amru Rice, for the construction of rice warehouses in Kampong Thom, Prey Veng and Takeo provinces.

Each facility will have the capacity to store 50,000 tonnes of wet paddy and dry 1,500 tonnes of rice daily.

The rice storage and drying facilities will help boost the country’s exports as well as maintain the local price of paddy, according to Song Saran, CEO of rice exporter Amru Rice.

Amru Rice, which received a loan of $5 million from RDB late last year to build a rice storage facility on 25,000 square metres in Kampong Thom province, will launch the facility today.

Two other storage facilities in Prey Veng and Takeo provinces owned by rice miller Khmer Food are to open on Friday.

“I am confident we will be able to reduce the flow of paddy to neighbouring countries in the coming season. Our new rice facility will ensure that quality and standards are maintained."

“We will also be able to supply rice for buyers on a longer term basis than before and boost rice exports this year,” Song Saran said.

The Ministry of Agriculture in May launched a $2.8 million, South Korea-backed rice storage facility in Kampong Cham province.

MOST VIEWED

  • WHO: Covid in Cambodia goes into new phase

    The World Health Organisation (WHO) in Cambodia said that Cambodia has reached a new phase of the pandemic with “decreasing case numbers, high vaccination coverage and a more transmissible circulating variant threatening a hidden surge”. In a press release on September 6, the WHO said that

  • Purging Sihanoukville’s past with a new masterplan

    Amid illicit activities, haphazard development and abandoned projects, the coastal city of Sihanouk province needs a reset to move forward. A new masterplan might be the answer to shake off its seemingly mucky image to become the Shenzhen of the south Gun toting, shootouts, police

  • 'Pursue your goals, reach out to me': Young diplomat tapped as envoy to South Korea

    Chring Botum Rangsay was a secretary of state at the Ministry of Foreign Affairs and International Cooperation before being designated as the new Cambodian ambassador to South Korea. According to her official CV published on the foreign ministry’s website, she started her first government

  • International air visitor arrivals dip 93%

    The number of foreign tourists entering Cambodia through the Kingdom’s three international airports witnessed a sharp 92.5 per cent year-on-year decline in the first seven months of this year, according to the Ministry of Tourism. The airports handled 51,729 international tourists in the January-July period versus

  • School reopening ‘offers model for other sectors’

    World Health Organisation (WHO) representative to Cambodia Li Ailan said school reopening process should be used as a role model for reopening other sectors currently mothballed by the Covid-19 pandemic. Li strongly supports the government’s decision to reopen schools, saying it is a decision

  • Covid jab drive for 6-11 age group to begin Sept 17

    Prime Minister Hun Sen has permitted Covid-19 vaccinations for over 1.8 million children aged 6-11 across the country from September 17 in order for them to return to school after a long hiatus. Hun Sen also hinted that vaccinations for the 3-6 age group will follow in