Rubber firm has plans in Cambodia

Kuala Lumpur-based Felda Global Ventures Holdings Berhad (FGV), the third-largest palm oil operator in the world, said it plans to cultivate rubber inside Cambodia.

“We are . . . consolidating by expanding into countries like Myanmar, Cambodia and Laos – planting other crops such as rubber,” Sabri Ahmad, FGV Group president,  said in a company statement distributed on Wednesday. …

FGV’s main business is palm oil, but in addition, the company also plants rubber and cocoa. …

In February the Post reported that the Rubber Industry Smallholders’ Development Authority, which facilitates the Malaysian government’s rubber-replanting program, was prepared to develop 20,000 hectares of rubber and oil-palm plantations in Cambodia, provided suitable land can be found. …

http://www.phnompenhpost.com/2013062866536/Business/rubber-firm-has-plans-in-cambodia.html