A Change of Guard

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Thursday, 8 May 2008

Qatar stakes claim on Cambodian farmland


by Joel Bowman on Thursday,

08 May 2008

FOOD CRUNCH: Qatar plans to invest $200 million in Cambodia's agricultural sector. (Getty Images)

Qatar plans to invest approximately $200 million in Cambodia’s agricultural sector as the Gulf state looks to secure food supplies amid surging world prices.Hor Namhong, Cambodia’s deputy prime minister and minister of foreign affairs and international cooperation, said on Wednesday the two countries were close to signing an agreement, reported Qatari daily Gulf Times.The announcement was made during a state visit by Sheikh Hamad bin Jassim bin Jabor Al Thani, Qatar prime minister and minister of foreign affairs.
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