AEC lures Thai rice millers to invest in Cambodia
Thai rice millers are lining up to build mills in Cambodia to cash in on imminent regional economic integration, with experts warning Cambodian rice is likely to flood Thailand. An industry source said several millers from Thailand’s central and northeastern regions are preparing to set up rice mills in Cambodia, mainly for export purposes, citing increasing production and relatively lower production costs in the neighbouring nation. More importantly, the quality of Cambodian rice, especially Cambodian jasmine rice — phka malis in Khmer — is becoming more widely recognised in the world market. …
Bangkok Post News Staff
http://www.bangkokpost.com/business/news/401535/aec-lures-thai-rice-millers-to-invest-in-cambodia
