Thursday, 24 March 2011

The Phnom Penh Post News in Brief

via CAAI

Pailin factory planned

Thursday, 24 March 2011 15:00 SIEAM BUNTHY

PBCK Development will spend US$2 million to build an animal-food factory in Pailin province starting in August. Company President Chea Kea said the project would be built on 20 hectares of what he described as a resource-rich area, would take about five months and 40 workers to finish. Local produce such as potatoes, corn and bran would be used to make the feed, while other materials and technical equipment would be imported from Thailand. The company is also set to spend $4 million to $6 million to open a separate farm on which about 30,000 pigs would be raised, as well as expand a stock factory for dry farm products.

Organic rice loan offered

Thursday, 24 March 2011 15:00 Chun Sophal

THE Rural Development Bank has offered a US$2 million loan to the Cambodia Center for Study and Development in Agriculture to buy un-husked organic rice. CEDAC will mill the grain for export to the international markets this year. Sun Kunthor, general director of Rural Development Bank, said yesterday: “This loan could help CEDAC, as well as community, to increase production of organic rice for export in order to reduce people’s poverty.” While Yang Saing Koma, president of CEDAC, said that this year his organisation planned to buy 3,000 tonnes of the grain for export to the United States.

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