Cambodia Rice: Japan wants to test their rice seed in Cambodia

Cambodia Rice: Japan wants to test their rice seed in Cambodia

Coordinators in Rice crop Research Center in Japan showed a purpose that they want to cooperate with MAFF and to test on Japanese rice seed to apply in Cambodia. Top officer of MAFF got this idea to consider.

Mr. Tosiyoki Maahara, director of SOEI CORPERATION Co, Ltd and PLANT GENOME’s spokesman told Mr. Chann Sarun, Minister of MAFF on March, 16th that in be haft of a coordinator in PLANT GENOME center which is a Japanese Rice crop Research Center, he aimed to cooperate with Cambodia in Japanese rice seed testing in order to participate in promoting and raising up the agricultural field in Cambodia, especially rice crop. In addition, his company will cooperate with Japanese Rice crop Research Center to carry out the research and experiment of Japanese rice seed in Cambodia by utilization of Japanese money package in term of ODA Mekong- Japan in future.

MAFF’s officer told Raksmey Kampuchea that a meeting in office of ministry was welcomed warmly by minister of MAFF, especially Japanese’s focusing in agricultural field in Cambodia. The minister got a Japanese officer’s request to consider, to check the reality result for co-cooperate with specialization sectors in Cambodia. The minister also told the guests that in past time in Cambodia territory used to have Japanese rice seed testing by Vietnamese company in Arng Yang province which its result was high and were fully brought by company.

The minister also confirmed that Cambodia has rice seed researching center too which can guarantee the technical seed experiment that has laboratories in province, has agricultural development communities in base for to join this work practice.

Japanese officer expressed the pleasantness to the minister’s response and pleasure for the ministry’s invitation that want him to visit in Cambodia Development and Research Institute.

Source: Maff Cambodia

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Cambodian Goverement Double Rice Miller Lending Fund

“The money is a small amount compared to market demand of $350 million. Though, it can keep prices stable as they often fluctuate because of buyers from neighbouring countries.”

The government, he said, was also preparing a $25 million fund to guarantee 50 percent of credit offered to the rice industry by commercial banks.

“We are preparing to set up credit-insured fund with 105,000 million riel guarantee for banks donation loans to rice millers,” he said.

Though, Mey Vann said that the policy was not set to be implemented this year as it required in-depth preparation. “We are working with World Bank and IFC and we schedule to involve [it] out in 2012,” he said.

RDB Head Son Koun Thor encouraged cooperation from the private sector, especially commercial banks, in donation agricultural loans.

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