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

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Hun Sen: Stay where you are, or else

    Prime Minister Hun Sen warned that the two-week lockdown of Phnom Penh and adjacent Kandal provincial town Takmao could be extended if people are not cooperative by staying home. “Now let me make this clear: stay in your home, village, and district and remain where

  • Businesses in capital told to get travel permit amid lockdown through One Window Service

    The Phnom Penh Municipal Administration has issued guidelines on how to get travel permission for priority groups during the lockdown of Phnom Penh, directing private institutions to apply through the municipality's One Window Service and limit their staff to a mere two per cent. In

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Ministry names types of business permitted amid lockdown

    The Ministry of Labour and Vocational Training singled out 11 types of business that are permitted to operate during the lockdown of Phnom Penh and Takmao town, which run through April 28. Those include (1) food-processing enterprises and slaughterhouses; (2) providers of public services such as firefighting, utility and