Logo of Phnom Penh Post newspaper Phnom Penh Post - Visiting China official talks rice mills: ministry

Visiting China official talks rice mills: ministry

Visiting China official talks rice mills: ministry

VISITING Cambodia last week, the governor of China's Guangxi province, Ma Biao, said Chinese investors were eyeing Cambodia's undeveloped rice production sector, according to a Foreign Ministry official.

Koy Kuong, an undersecretary of state at the ministry, said the Chinese governor said he would encourage more Chinese companies to invest in rice mills in Cambodia.  

Cambodia's agriculture industry has long-suffered from a shortage of mills to process and store its sizeable rice yields. With insufficient capital, many farmers are forced to sell raw paddy - earning little profit - or even let crops go to waste due to poor storage capacity.

The visiting official signed a memorandum of understanding to promote trade between his province and Cambodia, Koy Kuong said.

Yaing Saing Koma, president of the Cambodian Centre for the Study and Development of Agriculture, said Cambodia lacked the milling capacity it needs to cash in on exports. Insufficient capital to purchase raw paddy from farmers was another deficiency, he added. 

MOST VIEWED

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman