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Friday, April 25, 2008

Cambodia hopes to export 8 mn tonnes of rice by 2015: minister

PHNOM PENH (Xinhua): Cambodia expects to be able to export eight million tonnes of rice per year by 2015, Khmer-English language newspaper the Mekong Times on Friday quoted Minister of Agriculture and Fisheries Chan Sarun as saying.

"We will encourage farmers to crop twice or three times a year and further strengthen irrigation systems in order to increase rice production," the minister told an exhibition of natural agricultural products held on Thursday in Kampong Chhnang province, stressing that the country has three million hectares of agricultural land.

Yang Saing Koma, executive director of the Cambodian Center for Study and Development in Agriculture, agreed that the harvest could be boosted.

"Cambodia has vast tracts of land and current rice output is still low. We believe that Cambodia can achieve the goal, " he said, adding that the government must invest more in the agricultural sector so that farmers have resources and techniques to increase rice yields.

In fact, he said, the kingdom could produce up to 10 million tonnes of rice in the next four or five years.

According to official statistics, Cambodia had a surplus of over two million tonnes of paddy rice from a total harvest of 6.72 million in 2007. High-quality rice sells around one U.S. dollar a kilogram currently in Cambodia.

Last month, the government imposed a ban on rice export and released its stockpile to the market to curb spiraling rice prices.

The inflation occurred reportedly as a result of world food shortage and over purchase of Cambodian rice by Vietnamese and Thai businessmen.

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