Cambodian rice harvest.AKP Phnom Penh, March 12, 2012 –Cambodia needs over US$200 million capital to improve rice mills, Director General of Rural Development Bank H.E. Sun Kunthor told a delegation of the Export-Import Bank of China during a meeting here recently.
On the occasion, H.E. Sun Kunthor said to improve rice mills, Cambodia needs some US$210 million including US$60 million for long-term investment and other US$150 million for purchasing rice to supply rice mills for processing.
China Development Bank has recently provided US$8 million in loan as initial phase for the Rural Development Bank for the improvement of Cambodian rice sector.
By Phanarong
On the occasion, H.E. Sun Kunthor said to improve rice mills, Cambodia needs some US$210 million including US$60 million for long-term investment and other US$150 million for purchasing rice to supply rice mills for processing.
China Development Bank has recently provided US$8 million in loan as initial phase for the Rural Development Bank for the improvement of Cambodian rice sector.
By Phanarong
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