BusinessWorld Online
MACTAN, Cebu -- Cambodia aims to double exports in five years and play a bigger role in the global rice market.
Ny Lyheng, managing director of the Federation of Cambodian Rice Millers Associations, said on Thursday that his group also plans to tap new markets, including the Philippines, as he expressed interest to participate in the Philippine tender on November 4.
Mr. Ny said Ambassador Noe Wong and his staff at the Philippine Embassy in Phnom Penh recently toured the facilities of Baitang (Kampuchea) Plc. (Cambodia Green Plc), which operates the first and biggest rice milling plant in Cambodia. The plant has the capacity to produce 720 metric tons a day, Mr. Ny added.
Cambodia presently produces around eight million metric tons of paddy rice, only half of which is for domestic consumption. The other half, which translates to about 3 million MT of milled rice, is exported to Germany, France, Malaysia and other countries.
No comments:
Post a Comment