National cassava body in the works

Mar 3rd at 15:23
03-03-2015 15:23:10+07:00

National cassava body in the works

A year after establishing the Cambodia Rice Federation, the Ministry of Commerce is planning to set up a cassava organisation to boost production of the root vegetable in the Kingdom.

Ministry spokesman Ken Ratha said yesterday that the National Cassava Federation would be completed soon, under the auspices of the ministry’s Department of Private Sector Development.

“The cassava sector comes second to the rice sector, as many Cambodians are working in this field too,” he said.

According to Ratha, the federation will work similarly to the Cambodia Rice Federation and will try to identify and deal with challenges in the cassava sector. The association is to comprise relevant partners such as farmers, traders, exporters, and government agencies.

Pang Vannaseth, director of Battambang’s Agricultural Department, said Battambang province has about 62,000 hectares of cassava plantations.

He added that while cultivation has been increasing yearly, the sector still faces many challenges such as unstable prices, a shortage of warehouses, and a lack of capital among farmers.

“Having a federation with one voice will be good. I hope it will solve some issues we face,” he said. “I wish to have the federation as soon as possible.”

phnompenh post



NEWS SAME CATEGORY

Rents to melt as serviced condo competion heats up?

Cambodian real estate insiders say rents for serviced apartments are in decline due to increased competition from the condo market, with supply for serviced...

Phnom Penh’s southern push looks pretty plush

As Phnom Penh expands further south along the grassy banks of the Tonle Bassac river, a $100 million residential and commercial hub has been announced for Takhmao...

A more affordable alternative to BKK1 arises in Boeung Prolit

As land prices reach up to $7,000 per square metre in high-rolling Boeung Keng Kong, property investors are looking to nearby Boeung Prolit as an affordable...

Singapore company announces $500M build at Chroy Changvar

A Singapore-backed real estate developer unveiled its plan yesterday to build a $500-million hotel and residential project called The Bay in the capital’s Chroy...

Mortgages on the rise thanks to first home buyers

As more young and middle-income Cambodians enter the housing market, an increasing number are taking out mortgages in order to purchase their first homes.

Phnom Penh’s growing condominium conundrum

Looking at Phnom Penh’s skyline at night, the capital’s luxury condominiums immediately come into view, soaring above the apartment blocks and narrow townhouses...

New bank to focus on real estate

Real estate financier Oxley Worldbridge Specialized Bank officially launched operations in Cambodia yesterday.

Office space demand ‘on the rise’

Demand for Phnom Penh office space has surged this year thanks to increased investment in the Kingdom, say real estate experts.

Permits given for $2b of projects this year

Figures from the Ministry of Land Management, Urban Planning and Construction show that more than $2 billion worth of Cambodian construction projects have been...

Condo project promises a triangle shaped for success

Fourteen-floor condominium/shopping development latest example of market boom


MOST READ


Back To Top