Hopes banked on new rice facilities amid export dip

11 Jul 2018  53 | Cambodia Travel News

Content image - Phnom Penh Post
A worker holds a bowl of rice at a mill in Phnom Penh. Despite a decrease in exports, industry experts remain hopeful that new milling and storage facilities will prove successful for the sector. Heng Chivoan

Cambodian rice exports decrease nearly six percent year-on-year during the first half of the year, while an official from the Ministry of Agriculture urged the private sector to secure a solid position in the international market.

A Ministry of Agriculture report showed rice exports in the first six months of the year was 271,537 tonnes – a 5.9 percent decrease from the 288,562 tonnes over the same period last year.

General Directorate of Agriculture director general Hean Vanhan said on Tuesday that the decline was due to competitiveness in the international market.

He urged the private sector to increase capacity and secure more international orders to strengthen exports.

“Export trends confirm that the private sector is a key player in securing more large-scale contracts. Due to this, such exports will not surpass the total export figure from last year,” he said.

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