Showing posts with label Tonle Vayko. Show all posts
Showing posts with label Tonle Vayko. Show all posts

Thursday, May 08, 2008

Qatar to invest US$200 million in agriculture

Thursday, 08 May 2008
By Soun Sophalmony
The Mekong Times


The State of Qatar has officially declared its intention to invest in Cambodia’s agricultural sector, including US$200 million in rice farmland in Svay Rieng province and a loan for an irrigation system using the Vaiko River.

“Cambodia and Qatar are strengthening their cooperation over agricultural investment in Cambodia,” said Hor Namhong, minister of foreign affairs, at yesterday’s press conference at the ministry. The Qatari government has submitted six agriculture-related documents for signature and a Qatari delegation plans to visit Cambodia Jun 9-12 to discuss technical and commercial collaboration with Cambodia and to conduct further feasibility studies, said the minister.

“Cambodia plans to borrow money from Qatar to construct a canal from Vaiko River, which will link up the three provinces of Svay Rieng, Prey Veng and Kompong Cham,” said Hor Namhong. “The canal will be able to irrigate over 300,000 hectares of land,” he said, adding that Qatar will initially invest around US$200 million in 10,000 hectares of land in Svay Rieng province.

“Firstly, Cambodia is making a study of the canal [to be] dug from Vaiko River – an important water source for rice irrigation,” said Chan Sarun, minister of agriculture, adding that the canal will provide water for the Svay Rieng land which Qatar will invest in. “We will encourage people to start planting rice early, after the study, and they will be able to plant two to three crops a year.”

Cheang Orm, Svay Rieng provincial governor, although as yet unaware of the Qatari investment project, welcomed the project, which he said would help improve living standards in his province.

“This investment could help poor people to increase their rice output,” he said. “Our province already has the [necessary] infrastructure. We have provincial and district agricultural departments, commune and village trainer officers, agricultural information networks and agronomists.”

Yang Saing Koma, president of the Cambodian Center for Study and Development in Agriculture (CEDAC), said, if the investment focuses on upgrading farmers’ capacity in rice production, increasing their incomes, supplying markets and improving agricultural efficiency, then it would be “a good thing.”

Apart from the investment project, the Cambodian and Qatari governments also reached agreements on direct flights from Qatar to Cambodia and also agreed to cooperate on oil and gas exploration. The two governments also announced the beginning of diplomatic relations from Apr 1 this year.

Saturday, May 03, 2008

Qatar soon to be a new consumer of Cambodian rice through its loan

May 02, 2008
By Ros Dina
Ka-set.info

Unofficial translation from French by Luc Sâr
Click here to read the original article in French
Click here to read the original article in Khmer

Qatar will buy crops produced from 10,000-hectare of rice fields located in the province of Svay Rieng, reserved for this country. In exchange, the small Middle East emirate will loan the necessary money to build an irrigation system in this zone known as the “Tonle Vayko,” Chan Sarun, the minister of agriculture explained on 02 May 2008.

This agreement will be finalized under the framework of a cooperation meeting between the two countries, which will be held on 05 May in Phnom Penh.

For now, the quantity of rice to be exported to Qatar is still unknown, but, rice farmers in the Tonle Vayko will be in charge of this production.

“We are encouraging the farmers to start growing early rice, starting now. With the starting rains, and soon the irrigation system, they can count on at least 2 to 3 crops per year,” Chan Sarun anticipated while underscoring that the first rice export to Qatar will not start until at least next year because the irrigation work will take at least one year.

The minister of agriculture predicted that the 2008 rice crop will reach 7 million tons, in comparison to 6.7 million tons in 2007.