CAMBODIA and Vietnam have jointly agreed to build a rubber processing plant in a Memorandum of Understanding (MoU) signed Tuesday, a government official said, adding that the initiative would help boost the Kingdom's exports.
“This MoU will ... help increase productivity of Cambodia’s rubber plantations, creating more jobs and higher profits to help alleviate rural poverty,” said Agriculture, Forestry and Fisheries Minister Chan Sarun.
A location for the plant had not yet been decided, he said, but it would be developed alongside a rubber plantation by the Vietnam Rubber Group, a consortium.
In the MoU, Cambodia offered Vietnam a 100,000-hectare rubber concession likely to be distributed over sites in Mondulkiri, Rattanakkiri, Kampong Thom, Kratie and Preah Vihear provinces. Click to read more...
Friday, September 25, 2009
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