Cash crop deal to aid Kingdom

17 October 2011
The Phnom Penh Post
Agricultural production / Agriculture and fishing / Biofuel crops / Crop products and commodities / Economy and commerce / Pepper / Sugar
agricultural agreement / cash crops / cocoa / Coffee / Corn / development project / Kampong Cham / kratie / Markmore Group Malaysia / Mondulkiri / Paragon Corporation Cambodia / pepper / Property Development / rice / rubber / sugarcane

A Malaysian firm on Saturday signed a joint agricultural agreement with property development company Paragon Corporation Cambodia worth a potential US$2 billion in exports of corn, rubber, coffee and other cash crops. Penned by Paragon Corporation Cambodia and Markmore Group Malaysia, the joint development project will develop 400,000 hectares of corn, sugarcane, rubber, cocoa, coffee, pepper and rice in Mondulkiri, Kampong Cham and Kratie provinces. At current prices, the export value of the products is expected to be about $2 billion, according to those familiar with the deal…

http://www.phnompenhpost.com/index.php/2011101752151/Business/cash-crop-deal-to-aid-kingdom.html