Cambodia, Vietnam to build market on border

[geovalin]

Hor Kimsay

The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said.

The market will be constructed on 1.5 hectares in Kandorl village, in the Memot district of Tbong Khmum province, about 1 kilometre from the nearest Cambodia-Vietnam border crossing, according to Mao Thora, a secretary of state at the ministry.

“The market will be a place to sell both Cambodian and Vietnamese goods, of which I think most of our goods are agricultural products,” he told reporters after the signing of a memorandum of understanding for the project.

read more http://www.phnompenhpost.com/business/cambodia-vietnam-build-market-border

[Rod Gold]

This kind of cooperation between governments is long overdue, could be great as a model for other joint adventures.

One concern, the vendors from the two countries should be kept a good distance apart, fierce competition has caused some serious criminal activity in the past.