High-output rice seed factory set to be built
Cambodia firm Overseas Cambodia Investment Corporation yesterday signed a Memorandum of Understanding with a Singapore-based company to develop a high-output rice seed factory in the Kingdom. The cooperation between major investment firm OCIC and agriculture research company Smah Prum Royal International Pte Ltd is set to raise a capital of US$1 million to establish the factory, OCIC President Pung Kheav Se said at the Kingdom’s inaugural Cambodia Rice Forum yesterday…
