Tuesday, 29 March 2011

Thailand plans trade mission to Cambodia


via CAAI

Monday, 28 March 2011 15:00 Soeun Say

A GROUP of Thai businessmen have planned an investment and trade mission to Cambodia for the end of the month, officials at the Thai Embassy in Phnom Penh told The Post yesterday.

“There are 30 Thai businessmen visiting here on the 29th to the 31st,” said Jiranan Wongmongkol, commercial counselor at the Royal Thai Embassy. She added that the trip had been confirmed two weeks ago.

“They are coming here to look for opportunities to invest in agriculture and to export [Cambodian] rice to other countries in the world,” she said.

The Thailand Export Association will host investors seeking land to grow rice, cassava, corn and other agricultural products, as well as businessmen looking to enter the Kingdom’s rice export business.

The delegation plans to meet with Minister of Commerce Cham Prasidh, the Cambodian Rice Millers’ Associations, the Cambodian Chamber of Commerce and the state-owned Green Trade Company. “We try to do everything to attract Thai investors to invest in here,” Jiranan Wongmongkol said, “Such as our plan to do a trade fair two times this year.”

“We always told them about the real situation in here – which is that [Cambodia] is a] good, safe and confident [place] for them to invest,” she said.

Chan Nora, Secretary of State of the Ministry of Commerce, said yesterday that in general, Cambodia’s export to Thailand amount to only 1 percent of the Kingdom’s total, consisting of are mostly agriculture products.

Thai businesses have already invested in the retail, hotel and telecommunications sectors in Cambodia.

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