Gov’t requests Chinese funding for rice warehouses

In a bid to stock 1.2 million tonnes of rice paddy, Cambodia has sent a draft memorandum of understanding to China asking the country for a $300 million loan to build more than 10 warehouses nationwide. The draft MoU was prepared by the Ministry of Economy and Finance and sent to the Chinese government late last month, according to Mey Kalyan, senior adviser for the Supreme National Economic Council (SNEC) and leader of the project. ...

Hor Kimsay
http://www.phnompenhpost.com/business/govt-requests-chinese-funding-rice-warehouses