Tue. Nov 29th, 2022

The Mekong delta city of Can Tho and Cambodian province of
Battambang have signed a memorandum of understanding on economic
commerce, investment, and tourism.

The MoU was signed between
Prach Chann, head of Battambang province, and Nguyen Thanh Son, Chairman
of the Can Tho Peoples’ Committee, on March 29.

The two sides
will create favourable conditions for businesses from the two localities
to cooperate in areas like processing of farm produce, goods
distribution, investing in processing plants for farm and aquaculture
produce, animal husbandry, and tourism.

Can Tho has the best
infrastructure in the Mekong Delta in Vietnam with an international
airport, a deep-water port, and personnel training capabilities, and it
has businesses with experience in processing and exporting farm produce.

Several Can Tho businesses are seeking opportunities to cooperate with their Battambang counterparts to purchase and process
paddy and rice for export.

Located in the north west of
Cambodia nearly 300km from the capital Phnom Penh , Battambang has a
population of over 1 million, of whom 81 percent are farmers. The
province harvests 2 million tonnes of rice a year and has innumerable
ponds and lakes suitable for aquaculture.

At the signing
ceremony, Chann sai agricultural produce from Battambang had been
exported, mainly in semi-processed form, to several countries for the
last couple of years.

The province is thus seeking investment in
processing plants from Cambodian and foreign partners and to better
develop distribution networks, promote exports, and improve financial,
tourism, and training services, he added.-VNA

By vivian