Cambodia supports Vietnam’s rubber planting projects
(VOV) - The new Cambodian leadership will continue creating favourable conditions for Vietnam to carry out rubber planting projects in the country.
National Assembly Chairman Samdec Heng Samrin made the commitment while receiving Tran Ngoc Thuan, General Director of the Vietnam Rubber Group in Phnom Penh on October 10.
Cambodian supports Vietnam’s rubber planting projects, even in the future, said Heng Samrin.
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| Vietnam Rubber Group General Director Tran Ngoc Thuan congratulated Heng Samrin on his election as National Assembly Chairman in the new tenure |
He wished the Vietnam Rubber Group a greater success in undertaking its projects in Cambodia.
Earlier, Deputy Prime Minister Yim Chhay Ly voiced his support for Vietnam’s rubber planting in Cambodia after he was re-appointed Deputy PM.
He attributed Cambodia’s recent economic growth to Vietnamese-invested projects, including those on rubber planting, and said the Hun Sen administration has instructed its relevant agencies and localities to facilitate Vietnamese operations in the country.
The Vietnam Rubber Group will have completed planting 100,000ha of rubber in Cambodia in 2014 as scheduled.
The World Bank and the Asian Development Bank have forecast a 7-7.2% economic growth rate for Cambodia in the next two years.
The agricultural sector makes a significant contribution to the country’s steady growth, and rubber is defined as a key industrial crop.