Logo of Phnom Penh Post newspaper Phnom Penh Post - Thailand food firm courted by Cambodia

Thailand food firm courted by Cambodia

Content image - Phnom Penh Post
Betagro Group is Thailand’s second-largest food producer. Betagro

Thailand food firm courted by Cambodia

A senior official from the Cambodian embassy in Thailand has asked the country’s second-largest food producer, Betagro Group, to consider a food processing plant in Cambodia.

Commercial Attache Heng Sovannarith said he wants Betagro Group, to invest to promote the development of the Cambodian agricultural value chain in collaboration with the Ministry of Commerce’s Accelerating Inclusive Markets for Smallholders (Aims) project.

Sovannarith made his proposal during a visit to the company in Pathum Thani province, Thailand on Tuesday.

Sovannarith told Betagro Vice-President Kritsana Wudhiprasertkul the Cambodian government has been promoting diplomacy, trade, culture and tourism with Thailand.

“This is a major in-depth reform of the government to improve the business environment and private sector development in Cambodia,” he said.

Kritsana promised that after the two countries reopened the border checkpoints the company would lead a delegation to visit Cambodia to learn more about the potential of the Aims project before reaching a memorandum of understanding (MoU) with the Ministry of Commerce, according to Sovannarith.

The Ministry of Commerce, through the AIMS project, signed a Memorandum of Understanding (MoU) on September 28 with Makro Market, a well-known Thai brand, on Development of an agribusiness product value chain to supply Cambodian products at all branches of the market.

The Aims project is a joint project of the government and the International Fund for Agricultural Development.

The project is led by the Ministry of Commerce to promote the prosperity of small farmers in Cambodia by increasing profits by linking agribusiness and marketing. It operates in 18 provinces with five commercial value chains including vegetables, free-range poultry, paddy rice, cassava and raw silk.

Prime Minister Hun Sen said at the March inauguration of National Road 55 connecting Pursat province and the Thai border that he hopes trade activities of both sides will reach $15 billion in 2020.

The trade volume between Cambodia and Thailand reached $9.41 billion last year, an increase of 12 per cent compared to 2018, which was $8.38 billion.

Cambodia exports reached $2.2 billion, up 195 per cent, while imports from Thailand were $7.14 billion, down 6 per cent.


  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • PM to open new Siem Reap int’l airport December 1

    Prime Minister Hun Manet and Chinese leaders would jointly participate in the official opening of the new Chinese-invested Siem Reap-Angkor International Airport on December 1. The airport symbolises a new page in the history of Cambodian aviation, which will be able to welcome long-distance flights to

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • Minimum wage set at $204, after Sep 28 vote

    The minimum wage for factory workers in the garment, footwear and travel goods industries for 2024 has been decided at $204 per month, with the government contributing $2. Following several negotiation sessions, the tripartite talks reached an agreement during a September 28 vote, with 46 of 51 votes supporting the $202 figure.