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Agriculture Ministry Calls on Chinese Private Sector to Invest More Projects

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PHNOM PENH: The Minister of Agriculture, Forestry and Fisheries of Cambodia, Veng Sakhon has called on the Chinese private sector to fully invest in all production chains, processing and continue supporting infrastructure, seize opportunities to contribute to the economic growth. This is for the purpose of making Cambodian products more marketable in the international arena, especially in the Chinese market. The statement was said during a working meeting with a Chinese Harlong to Jeji Tuon Company on on Monday.

The Cambodian minister warmly welcomed the presence of the delegation from China and ask to sustain the support for the investment objectives in the agricultural sector. He has said that there is need of development in some important sub-sectors such as infrastructure to support research work and even with the agricultural processing in order to meet the needs of the domestic market and export market. In addition, he said the agricultural processing sector will increase the economic value, use local raw materials, especially absorb local labor and increase income.

In response to the Kingdom’s secretary of state, the director of Harlong to Jeji Tuon says that Cambodia's agriculture has potential, but the problem is that technology has not been maximise to increase productivity, production, research and processing, so the company has invited three major institutes to conduct research. There are the Southern Sub-tropical Crop Research Institute, Agricultural Product Research and Processing Institute and Chinese Academy of Tropical Agricultural Science. In this case, the director of the company has asked the Ministry to help consider the location for the construction of the institute. He has added that once the situation of Covid-19 has improved, the investment process will start in stages as planned.

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