According to the Phnom Penh Post, Lim Bunheng, the president of the Cambodian Golden Rice for Export Association (CGREA), said that the group would buy around 50,000 tonnes of jasmine rice paddy, which would be processed locally before export.

Lim Bunheng  said that “we hope that our activities can help expand the market for Cambodian farmers, provide stable prices and help create employment opportunities for people in the countryside,” continued press.

CGREA was eyeing purchases from farmers in Battambang, Pursat, Banteay Meanchey, Kampong Cham and Takeo provinces, he said. The group would offer the market price of around $0.30 per kilogram, but hoped to sell the processed rice for as much as $0.81 per kilogram, according to the Post.

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