$350 million needed for 1 million tons of rice export (sic!)

01 April 2011
Everyday.com.kh
Translated from Khmer by Soch

Cambodia must invest $350 million for the next 4 years to order to fulfill the plan to export 1 million tons of rice to the International market in 2015. Hang Chuon Naron, the secretary of state at the ministry of Economy and Finance, told the Phnom Penh Post yesterday, following the “agriculture environment and development” meeting at the Cambodiana Hotel, that in order to export 1 million tons of rice in 2015, Cambodia must invest $350 million. He said that of this sum, $200 million will be used to buy rice and the other $150 million will be used to build a rice modification plant according to standard level.

Posted in: Cambodia