Xinhua
A senior World Bank official who had paid a visit to Cambodia early this week said that the world is now looking into agriculture which is one of the important sectors in the country, officials at Ministry of Economy and Finance said Friday.
During a meeting early this week, Jim Hagan, executive director at the World Bank, representing a constituency of 13 countries told Keat Chhon, minister of economy and finance that World Bank's new policy is to focus on agriculture, citing it as a priority demand by the Royal Government of Cambodia, according to the officials.
The officials said, in response, Keat Chhon welcomed World Bank's interest in agriculture by saying that development in agriculture will help reduce the heavy reliance on external factors such as the reliance on investors for garment sectors or foreign tourists.
Garment and tourism have been, for many years, the main earning revenues for Cambodia.
After forming a new government following the 2003 general election, Prime Minister Hun Sen set in his rectangular policy that agriculture is one of the priorities that his government is committed to achieve it.
Some 80 percent of Cambodia's nearly 14 million populations are farmers.
Last year, Cambodia produced 7.15 million tons of rice from a total farming land of 2.25 million hectares.
During a meeting early this week, Jim Hagan, executive director at the World Bank, representing a constituency of 13 countries told Keat Chhon, minister of economy and finance that World Bank's new policy is to focus on agriculture, citing it as a priority demand by the Royal Government of Cambodia, according to the officials.
The officials said, in response, Keat Chhon welcomed World Bank's interest in agriculture by saying that development in agriculture will help reduce the heavy reliance on external factors such as the reliance on investors for garment sectors or foreign tourists.
Garment and tourism have been, for many years, the main earning revenues for Cambodia.
After forming a new government following the 2003 general election, Prime Minister Hun Sen set in his rectangular policy that agriculture is one of the priorities that his government is committed to achieve it.
Some 80 percent of Cambodia's nearly 14 million populations are farmers.
Last year, Cambodia produced 7.15 million tons of rice from a total farming land of 2.25 million hectares.
3 comments:
remember to diversify, agriculture, electronic, industrialized, food production, etc...
Well, as usual Cambodian political leadership always had to wait till Donors point out direction or give them leads. What has the Cha Sarun done in his 2 terms as Minister of Agriculture? Absolutely no bothering, no vision whatsoever even in simple irrigation policy for the farmers and crops. Hopeless bunch of goons which Hun Sen better replace in this 4th mandate if Hun Sen wants some serious legacy of his rule...
the world population will be double in 30 year time which mean the world will eat twice the amount of food so wich mean farm land in cambodia will be gold within 10 year. rich price might be triple by then. not a bad investment.
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