Deals to Export Rice, Cassave to China Made

17 August 2011
The Cambodia Daily
Agriculture and fishing / Economy and commerce / Exports / Rice / Trade
Corn / Kith Seng / milling factories / Ministry of Agriculture / Na Marady / Sihanoukville Autonomous Port / soybeans / Xu Gefei

Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to buy 200,000 tons of milled rice with a capital investment of $20 million. The deal is expected to help Cambodia reach its target of exporting 1 million tons of milled rice by 2015.

 (Hul Reaksmey, p 27)
http://www.camnet.com.kh/cambodia.daily/