The Mekong delta city of Can Tho and Cambodian province of Battambang have signed a memorandum of understanding on economic commerce, investment, and tourism.
The MoU was signed between Prach Chann, head of Battambang province, and Nguyen Thanh Son, Chairman of the Can Tho Peoples’ Committee, on March 29.
The two sides will create favourable conditions for businesses from the two localities to cooperate in areas like processing of farm produce, goods distribution, investing in processing plants for farm and aquaculture produce, animal husbandry, and tourism.
Can Tho has the best infrastructure in the Mekong Delta in Vietnam with an international airport, a deep-water port, and personnel training capabilities, and it has businesses with experience in processing and exporting farm produce.
Several Can Tho businesses are seeking opportunities to cooperate with their Battambang counterparts to purchase and process paddy and rice for export.
Located in the north west of Cambodia nearly 300km from the capital Phnom Penh , Battambang has a population of over 1 million, of whom 81 percent are farmers. The province harvests 2 million tonnes of rice a year and has innumerable ponds and lakes suitable for aquaculture.
At the signing ceremony, Chann sai agricultural produce from Battambang had been exported, mainly in semi-processed form, to several countries for the last couple of years.
The province is thus seeking investment in processing plants from Cambodian and foreign partners and to better develop distribution networks, promote exports, and improve financial, tourism, and training services, he added.-VNA
The MoU was signed between Prach Chann, head of Battambang province, and Nguyen Thanh Son, Chairman of the Can Tho Peoples’ Committee, on March 29.
The two sides will create favourable conditions for businesses from the two localities to cooperate in areas like processing of farm produce, goods distribution, investing in processing plants for farm and aquaculture produce, animal husbandry, and tourism.
Can Tho has the best infrastructure in the Mekong Delta in Vietnam with an international airport, a deep-water port, and personnel training capabilities, and it has businesses with experience in processing and exporting farm produce.
Several Can Tho businesses are seeking opportunities to cooperate with their Battambang counterparts to purchase and process paddy and rice for export.
Located in the north west of Cambodia nearly 300km from the capital Phnom Penh , Battambang has a population of over 1 million, of whom 81 percent are farmers. The province harvests 2 million tonnes of rice a year and has innumerable ponds and lakes suitable for aquaculture.
At the signing ceremony, Chann sai agricultural produce from Battambang had been exported, mainly in semi-processed form, to several countries for the last couple of years.
The province is thus seeking investment in processing plants from Cambodian and foreign partners and to better develop distribution networks, promote exports, and improve financial, tourism, and training services, he added.-VNA
