Amru Rice to buy $17m worth of paddy

Amru Rice, one of the biggest exporters of rice in Cambodia, will purchase about 50,000 tonnes of paddy rice this year from dozens of agricultural communities across the country, amounting to an investment of $17 million.

Song Saran, Amru Rice CEO, said they have entered contract farming schemes with 56 agricultural communities in nine Cambodian provinces, from whom they will be purchasing paddy rice grown following organic techniques.

A significant portion of that investment will be made in Kampong Thom, where the company will buy 12,000 tonnes from 20 agricultural communities. Those communities have so far supplied about 40 percent of what they agreed to, Mr Saran told Khmer Times last month.

The price Amru Rice pays for each ton ranges from $280 to $400, depending on the quality of the product.

Thiv Vanthy, director of Kampong Thom’s agriculture department, told Khmer Times that the agricultural communities that are working with Amru Rice aim to produce about 30,000 tonnes of rice this year.

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