ACHIEVING Cambodia’s goal of exporting one million tonnes of rice per year by 2015 will require investments of US$350 million over the next four years, according to a Ministry of Economy and Finance official.
“Cambodia
currently has the capacity to produce 200,000 tonnes of rice for
export, because we lack capital and high-standard rice mills,” said
Ministry Secretary of State Hang Chuon Naron yesterday.
Speaking
on the sidelines of a conference on “Environment, Agriculture and
Development”, he said that it would take $150 million to build high
quality rice mills, and another $200 million to buy unprocessed rice
from farmers, to meet the 2015 goal.
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