$20m mill will lift rice exports

Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export. Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to produce quality rice for the international market. The memorandum of understanding (MoU) was signed by Soma Group chief executive Sok Puthyvuth, the son of Deputy Prime Minister Sok An, and Sumeth Laomoranphorn, a representative of CP Intertrade, an agricultural distrib-ution company in Bangkok. …

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