Thailand’s second-largest rice exporter invests $47m in mills
Asia Golden Rice (AGR), Thailand’s second-largest rice exporter, will invest $47 million to build milling plants in Cambodia capable of processing up to 1 million tons of rice per year, according to a company representative and reports from the Thai news media yesterday. “This will be the first time [AGR] will be investing in Cambodia,” said Jakapun Tontrasip, a representative from the company’s export sales department. According to Thai media reports, AGR President Sombat Chalermwutinan said the company plans to build rice mills in Kampot province with the capacity to process 1 million tons of paddy rice a year. This will be a joint venture with an unnamed “leading Cambodian business group”, said Mr Chalermwutinan…
