Malaysian firms urged to venture into Cambodia’s agri sector

7 August 2013
New Straits Times
Agricultural production / Agriculture and fishing / Crop products and commodities / Economy and commerce / Exports / Imports / Investment / Rice / Rice / Rubber / Trade
Agricultural policy and administration / Agricultural Production / Agriculture and fishing / Crops; Products and commodities / Economic policy and administration / Exports / foreign direct investment (FDI) / Imports / Investment / Malaysian aid / rice / rubber / Trade / trade and investment

Malaysian companies have been urged to venture into Cambodia’s agriculture sector especially in paddy planting and opening up rubber estates. In making the call, Raja Saiful Ridzuan, Deputy Chief of Mission at the Malaysian Embassy here, said Malaysian firms, with its vast expertise in agriculture sector, could come in to tap the opportunities available in this Indo-Chinese nation. … Cambodia is the world’s fifth largest rice exporter. Raja Saiful said other sectors that Malaysian companies could consider venturing into were construction and urban development. … Trade volume between both countries hit RM1.6 billion last year, a three-fold increase over the 2010 figures. Malaysia’s main exports to Cambodia are electrical and mechanical parts and components as well as industrial raw materials while Cambodia’s exports to Malaysia are mainly rice and rubber. …

http://www.nst.com.my/latest/malaysian-firms-urged-to-venture-into-cambodia-s-agri-sector-1.334244