date:Dec 23, 2013
Two Cambodian companies have signed agreements with Chinese companies to invest in the agricultural sector.
One deal was inked between Chan Sothea, general director of Cambodia's Century Rice Group, and Ivan, managing director of Shengen Yonglongxin Industrial Company.
Under the agreement, the two companies would invest $100 million in building a hi-tech rice processing plant in Cambodia and was expected to export about 300,000 tons of Cambodian milled rice to China per year, Ivan said.
The o