Government Bank Gives Loan for Rice Milling
The government-backed Rural Development Bank has handed a $4.5 million loan to a company planning to invest in Cambodia’s efforts to export more milled rice. Rural Development Bank chairman Son Kuon Thor said yesterday that the bank was giving the loan to a new company called Eng Dypo Development, which is investing a total of $12 million in a rice milling enterprise in Kandal province. “They are going to build a warehouse and dryer and a mill,” Mr. Kuon Thor said. …
