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Cambodia has the potential to gain an additional $1 billion from cashew processing

Mar 31st at 08:52
31-03-2025 08:52:10+07:00

Cambodia has the potential to gain an additional $1 billion from cashew processing

Contract farming in agriculture helps link producers to markets, fostering trust between farmers and processors, which is expected to boost domestic cashew processing before export.

 

Khim Finan, Undersecretary of State at the Ministry of Agriculture, Forestry, and Fisheries, stated on Mar. 29, 2025, that Cambodia has the potential to generate at least an additional $1 billion in value from cashew production by increasing processing before export, rather than exporting 90 percent of raw cashews as is currently the case. This would inject significant revenue into the national economy.

The clarity of modern agricultural cooperatives will enable contract farming and processing to become a reality, ensuring higher value retention within the country. 

khmertimeskh

- 07:50 31/03/2025

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