VN, Cambodia agree to 22m USD rice cooperation

Thai Thinh Co has inked a 22.4 million USD agreement with Cambodian-based Takmoa Agriculture Development Association to cooperate in growing rice for export.
Thai Thinh Co has inked a 22.4 million USD agreement with Cambodian-based Takmoa Agriculture Development Association to cooperate in growing rice for export.

The partners will plant two rice crops per year at an estimated yield of 7 tonnes per hectare, targeting exports of 100,000 tonnes per year, and Thai Thinh will provide technical assistances in rice cultivation and processing to the Cambodian association.

The partners will also build an irrigation system and a rice processing facility with an estimated output capacity of 500 tonnes per day./.

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