​ Organic rice loan offered | Phnom Penh Post

Organic rice loan offered

Business

Publication date
24 March 2011 | 08:00 ICT

Reporter : Chun Sophal

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THE Rural Development Bank has offered a US$2 million loan to the Cambodia Center for Study and Development in Agriculture to buy un-husked organic rice. CEDAC will mill the grain for export to the international markets this year.  Sun Kunthor, general director of Rural Development Bank, said yesterday: “This loan could help CEDAC, as well as community, to increase production of organic rice for  export in order to reduce people’s poverty.” While Yang Saing Koma, president of CEDAC, said that this year his organisation planned to buy 3,000 tonnes of the grain for export to the United States.

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