Farming lands granted to 8 companies
Agriculture is Cambodia’s main sector which more than 80 percent of most Cambodian people are living on this sector. Recently, more than 50,000 hectares of agricultural land being given to eight domestic and foreign companies for agriculture, according to The Phnom Penh Post.
“Two Cambodian firms had been given 16,900 hectares. A Malaysian firm received 7,000 hectares, a South Korean firm 6,600 hectares and four organisations from Vietnam the remaining 20,900 hectares, he added. The concessions were for land in Mondulkiri, Ratanakkiri and Kratie provinces, said Hong Narith, although he was unable to give the names of the firms concerned,” Hong Narith, chief of cabinet at the ministry, was quoted by the Post as saying.
“We expect these companies will … plant trees and raise animals to boost the economy in Cambodia and to provide work to people through the development of the agricultural sector,” he said, adding that if the proposals were not fulfilled then the licences would be withdrawn.
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