Vietnam eyes rubber

 
Monday, 23 November 2009 15:00 Chun  Sophal 


 


VIETNAMESE  firms have invested US$600 million in Cambodia’s rubber sector 
this year,  according the head of a consortium representing 14 companies 
from across the  border. Leng Rithy, the leading representative of the Vietnam 
Rubber Group in  Cambodia, said Sunday that the capital has gone to 
plantations in Kratie,  Kampong Thom, Preah Vihear, Ratanakkiri and Mondulkiri 
provinces, and more  Vietnamese companies want to invest in the Kingdom. “We 
will 
have planted rubber  trees on 100,000 hectares of land concessions from the 
government by 2012, and  10 processing plants will be built to produce dry 
rubber for exports to  international markets,” he said.

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