Cam­bo­dia tipped for fu­ture agribusi­ness

South Waikato News - - RURAL DELIVERY - By CEANA PRI­EST

Cam­bo­dia should be on the radar for Kiwi agribusi­ness look­ing for ex­port op­por­tu­ni­ties, even though the small nation is decades be­hind other de­vel­op­ing Asian coun­tries, a ru­ral econ­o­mist says.

Cam­bo­dia re­mains one of Asia’s least de­vel­oped coun­tries af­ter years of con­flict but last year the Gov­ern­ment in­tro­duced a se­ries of ini­tia­tives to boost agri­cul­tural prod­ucts. In Jan­uary the coun­try also rat­i­fied a free trade agree­ment be­tween New Zealand, Aus­tralia and the As­so­ci­a­tion of South­east Asia which has cre­ated op­por­tu­ni­ties for Kiwi ex­porters to con­nect with the fast-grow­ing Asian re­gion.

ASB ru­ral econ­o­mist James Shor­tall said Cam­bo­dia was still a decade be­hind Viet­nam and po­ten­tially 30 years be­hind China. ‘‘There are mas­sive op­por­tu­ni­ties out of those ar­eas which are go­ing to be sup­port­ive of farm and agri­cul­tural farm­ers in New Zealand for 30, 40 or 50 years.’’

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