Archive for the ‘Agriculture’ Category

Cambodia lost yearly revenue due to lack of processing plants

Posted by admin on June 3rd, 2010

A senior Ministry of Commercial official told delegates from China at a two-day government-backed trade-facilitation workshop on Tuesday, by saying that Cambodia lacks the domestic processing plants that Cambodia’s products have not been exported directly to the end-market buyers. And most of agro-industry has been sold to neighboring countries such as Vietnam and Thailand.

It is reasons that Cambodia’s processed products is neither recognized nor rewarded adequately for its produce. Secretary of State for Ministry of Commerce, Mao Thora said that Vietnam exported 16,000 tonnes of Cambodia cashew nuts last year,

Cambodia has lost national income every year because of lack of processing plants to produce end-products to be exported to end-market buyers. Vietnam and Thailand bought cassava from Cambodia for $80 to $9p per tonne and sold to China from $190 to $200 per tonne.

Sen Sovann, Ministry of Agriculture, Forestry and Fisheries Deputy Secretary General, was quoted by the Post as saying that “I think if we’re going to discuss trade facilitation, we should consider pushing farmers produce directly the end-market buyer.”

Posted in Agriculture Tags: , , No Comments »

Cambodian cotton exported to China’s market

Posted by admin on February 2nd, 2010

Cotton processing plant, Seladamex, in Battambang province will be exported approximately 100 tonnes of raw cotton to China’s market. Plant also has signed a deal to supply a Chinese firm with two-thirds of the plant’s raw cotton stock on February, reported the Phnom Penh Post.

Kong Chan, Seladamex project manager, was quoted by the Post as saying that he declined to name the other company involved. Raw cotton is currently being sold for around US$2,000 per tonne on international markets, an increase of $500 on prices recorded late last year.

In October last year, the plant planned to export 1,000 tonnes of cotton to Vietnam. That plan was put on hold due to cotton shortages, the post reported.

Posted in Agriculture Tags: , , No Comments »

Farming lands granted to 8 companies

Posted by admin on February 2nd, 2010

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.

Posted in Agriculture Tags: , No Comments »

Vietnamese fertilizer plant in Cambodia

Posted by admin on December 28th, 2009

Recently, Vietnam started operating its largest fertilizer plant in Kandal Province on Thursday, which was funded US$65 million project by Vietnam.

Cambodian Prime Minister Hun Sen said at the opening Thursday morning that The Kien Svay facility is expected to be produce half a million tons of fertilizer per year, employing 300 workers. He added that the fertilizer can be used on any soil and will lower the price of fertilizer, reported VOA Khmer.

Vietnam became the top agricultural investor in Cambodia in 2009.

On Saturday, the premier left for Ho Chi Minh City in Vietnam in order to attend an investment conference and attract more Vietnamese investors.

Posted in Agriculture Tags: , , , 2 Comments »

Khmer Star News
-->