Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said.
Hong Kong-based China Conch Venture Holdings Ltd plans to invest in a waste-to-energy project in Kampong Cham province and help in coping with the increasing local energy demand, provincial governor Un Chanda said on Wednesday.
The Council for the Development of Cambodia (CDC) approved three investment projects in the bags and garment sector with a total capital investment of $8.8 million, it said on Monday.
Representatives and exporters in the geographical indication (GI) palm sugar industry have raised concerns that recent cases of fake sugar seized in raids are negatively affecting the reputation of the product and its export market.
More crocodile breeders in Siem Reap province are leaving the business as the price of hatchlings drops and demand falls to near zero.
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said.
Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week.
Chinese-owned Li Yu Heng Cambodia Construction expressed its plan to invest in using recycled waste to generate power for consumption in Preah Sihanouk province.
Minister of Mines and Energy Suy Sem called on companies operating mining projects to ensure the communities and environment are not affected by related activities.
Minister of Commerce Pan Sorasak on Thursday expressed his optimism that garment, textile, footwear and travel goods exports will continue to enjoy strong growth over the next few years.