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Friday, 05 October 2012

Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said.

Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice.

He said from next month farmers will start to harvest the fragrant unmilled rice and Men Sarun company will commence the operation of the rice milling in Preah Vihear province, where a machine with the capacity to mill 4-5 tonnes of rice per hour is installed.

The company also has rice mills – capable of milling about 30 tonnes per hour – in Phnom Penh.

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Tuesday, 02 October 2012

As part of its plan to become of the world’s top exporters of rice, Cambodia is looking to increase its rice shipments to the United Arab Emirates, one of the world’s main milled rice importers.

Cham Prasidh, Minister of Commerce, met with delegates and businessmen led by Sheikha Lubna bint Khalid Al Qasimi, Minister of Foreign Trade of the UAE, yesterday morning.

Cham Prasidh said the UAE sees great potential in Cambodia to be a partner on the milled rice market.

“The UAE is smaller than us but their country is a main rice importer,” Cham Prasidh said. “They are a crucial market for our milled rice industry as they import a lot every year for re-exporting to their neighbours.

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Wednesday, 03 October 2012

Cambodia is being considered as a site for halal food production and rice milling by the United Arab Emirates, according to the UAE’s Foreign Trade Minister Sheikha Lubna Bint Khalid Al Qasimi yesterday.

Speaking during an official meeting with Prime Minister Hun Sen at the Peace Palace, she said her visit was to look into Cambodia’s potential for investment. 

Sheikha Lubna also said she will lead the delegation back to Cambodia in May 2013 for specific investment plans she had been discussing with Cambodian counterparts during her first trip. 

The Prime Minister expressed the support for investment plans from the UAE and said Cambodia’s rice sector is flourishing. He said the two-way trade between the countries will grow even more in the future.

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