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Rice warehouses are put back on the table in talks with China


geovalin

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The Ministry of Commerce announced last week a $400 million proposal by three Chinese firms to build state-run rice warehousing facilities to increase the Kingdom’s storage capacity.

Lacking such capacity has been a longstanding issue that sector experts say has in part hampered ambitions of reaching the 1-million-tonne rice export target.

Commerce Minister Sun Chanthol met with representatives of Chongqing Foreign Trade and Economic Cooperation, Chongqing Grain Group and Guangdong Foreign Construction to discuss the possibility of building warehouses in Battambang, Pursat and Kampong Thom, according to ministry spokesperson Ken Ratha.

read more: http://www.phnompenhpost.com/business/rice-warehouses-are-put-back-table-talks-china

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