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Nov 1, 2008

Cambodia rubber processing industry to attract foreign investment

Cambodia Ministry of Agriculture rubber Li Bola Secretary General pointed out that in recent years, Cambodia's rubber plantation area increased from 2004 to 2007 of 4 years, the domestic rubber plantation area increased by an estimated 14,000 hectares, of which 2,000 hectares belonging to the The private sector and the remaining 12,000 hectares belonging to the family of small-scale cultivation.

Li Bola said that the domestic rubber mainly located in Kompong Cham, Kratie, Rada that the base, and Mondulkiri provinces in western and northern parts, it is estimated that last year, with a total area of cultivation in the country's more than 70,000 ha, rubber Annual production of about 35,000 tons, nearly 15,000 people and create jobs.

Li Bola said that compared with neighboring countries, Cambodia rubber plantation area and yield is still low end, the Government is now intensify its efforts to promote the privatization of state-owned rubber plantation and development of the family rubber plantation. According to the Government's optimistic assessment that by 2015, the domestic rubber plantation area is expected to reach 147,000 hectares, of which the state-owned, state and private joint venture to 52,000 hectares, as well as family and the private cultivation area of about 95,000 hectares .

At present, Cambodia's rubber plantation area is still limited, and domestic idle for a large rubber tree planting of red, lime-soil and sand. According to the survey, and the vacancy of the clay more than 350,000 hectares, while the lime-soil and sand are a number of 100,000 hectares.

According to statistics, last year, Thailand's rubber plantation area of 2,290,000 hectares, of which 95% belong to the family of small-scale cultivation, truly become the world's largest rubber plantation and production of the country. Last year, the annual output of more than 3,000,000 tons, of which 89% of exports, and the remaining 11% in domestic consumption and processed into other products. From the rubber industry, either directly or indirectly to benefit the people of Thailand about 100 million people, and the proceeds of rubber last year, about 85 billion U.S. dollars, accounting for Thailand's national gross domestic product 4.1 percent.

Cambodian Deputy Prime Minister SONG in the Third ASEAN Rubber Conference pointed out that Cambodia's rubber industry, there is considerable potential, but has not had the opportunity to explore the potential of these. He said that the rubber industry is a large potential for appropriate types of land, waiting for his opportunity to be with the active participation of investors. He said that Cambodia will become one of the oil-producing countries, it will greatly increase the use of natural rubber and synthetic rubber production possibilities, he hoped that investors do not miss this opportunity to invest in Cambodia to set up factories or the use of rubber gloves, rubber production , Tires, condoms and the like.

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