PTT filling stations set to host farmers’ markets

Jan 25th at 08:06
25-01-2022 08:06:13+07:00

PTT filling stations set to host farmers’ markets

A handful of seven-day pilot farmers’ markets are set to kick off from end-January till early February at PTT filling stations in Phnom Penh and four provinces, to bring Cambodian products closer to consumers, according to Ministry of Commerce spokesman Pen Sovicheat.

The initiative comes after a memorandum of understanding (MoU) was signed on January 21 by Ministry of Commerce secretary of state Sok Sopheak and PTT (Cambodia) Ltd managing director Nuttapong Kaewtrakulpong, and witnessed by Minister of Commerce Pan Sorasak.

The agreement entails cooperation on the promotion and sales of domestic wares over the seven-day period at designated filling stations, the ministry said in a press release.

Sovicheat told The Post on January 24 that the event would be held at six stations: two in the capital – in Chbar Ampov and Prek Phnov districts – one in Kampong Cham’s Skun village, which is known for fried spiders, and one in each of Siem Reap, Kampong Chhnang and Takeo provinces.

The press release said the MoU aims “to prop up Cambodian products in the domestic market, develop Cambodian trade on the basis of transparency and community interests, [and] streamline the use of local products”.

The deal also seeks to “increase and build the capacity of entrepreneurs, as well as create business opportunities to participate in the development of trade, and enhance socio-economic inclusion in Cambodia”, it said.

“This cooperation will contribute to the development of trade and economic development, especially to spur the use of domestic products more widely among the masses, as well as to create a rich market for domestic products,” it added.

Sovicheat said PTT “offers us a chance to sell products such as seasonal fruits, sticky rice cakes and regional handmade trinkets, and the company will provide free sales space at a common booth that allows no more than 10 vendors”.

Sothea Sambath, president of the Bangkok-based Cambodia Business Council in Thailand (CBC), told The Post on January 24 that the plan would help promote the sale of Cambodian products more widely and provide local buyers with easier access to them.

This is a mechanism that helps to encourage local producers, he emphasised.

He said: “We really support PTT [Cambodia] Ltd for its contributions to the bolstering of our Cambodian products at its filling stations, which makes it easier for customers to buy them.

“In addition, local producers are happy that PTT has helped their sales.”

According to Sovicheat, PTT Cambodia is also set to implement three other projects in May, August and November this year, with 63 people taking part in selling local wares.

“These projects will be held on Fridays, Saturdays and Sundays at some PTT filling stations, such as – in the second quarter of 2022 – at 16 filling stations along national roads 2, 3 and 4, at 10 stations in the third quarter along National Road 6 and at five more along National Road 5 in the fourth quarter,” he said.

phnompenh post




RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Kingdom-Japan trade groups to step up cooperation

The Cambodia Chamber of Commerce (CCC) and Japan External Trade Organisation (Jetro) in Cambodia have agreed in-principle to examine the possibility of signing a...

Minister heralds Chinese agri investments

Chinese investment in Cambodia will bolster the production and export of fruits and other agricultural produce and shore up the development of sustainable value...

$1.9B in new projects get CDC nod

The Council for the Development of Cambodia (CDC) on January 17 announced that it had approved final registration certificates for 10 investment projects across...

Ministry, Swisscontact ink MoU on SME e-commerce

The Ministry of Commerce and Swisscontact, representing the Global Alliance for Trade Facilitation (GATF), are teaming up on a project to make it easier for small-...

Single Portal records 10,536 companies in just 19 months

A total of 10,536 companies have been successfully registered as of January 12 on the government’s online business registration system, also known as the Single...

CDC gives nod to nine new factories

The Council for the Development of Cambodia (CDC) on January 12 announced that it has approved nine factories – most of which will produce garments or travel goods...

Trade with Japan extends growth in 2021

Bilateral trade volume between Cambodia and Japan topped $1.700 billion in 2021, marking a small increase of 0.49 per cent from more than $1.692 billion a year...

New non-SEZ projects fall 24.11%

Despite a modest improvement in the Covid-19 situation in Cambodia, the number of new projects outside of special economic zones (SEZ) approved by the Council for...

Lots of buzz as S Korea FTA edges closer

The Cambodia-Korea Free Trade Agreement (CKFTA) is set to enter into force 60 days after the Kingdom’s Ministry of Commerce and South Korean counterpart have...

RCEP Certificate of Origin forms ready: senior commerce official

The Ministry of Commerce has prepared the Certificate of Origin (CO) forms for the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade...


MOST READ


Back To Top