Chup rubber plantation privatised

September 22, 2008 at 10:29 am 3 comments

The Phnom Penh Post – September 22, 2008

Written by Chun Sophal

THE Chup Rubber Plantation will be handed over to a private company next month, according to the plantation’s director general, Mak Kimhong, becoming the last of Cambodia’s rubber farms to leave government hands under a plan to boost private investment.

The 13,000-hectare plantation will pass from government control after bidding has been finalised, Mak Kimhong said, adding that at least five local and international companies have submitted bids.

“I think the government has made this decision [to divest] because a private company would be better able to manage the rubber operations,” he said.

Chup has exported some 8,000 tonnes of rubber annually in the past several years but hopes to up that to 15,000 tonnes by 2013, he said.

Mak Kimhong said only about 5,000 hectares of the plantation is currently available for resin collection.
Ly Phalla, director general of the Rubber Department at the Ministry of Agriculture, Forestry and Fisheries, said the government began privatising its plantation holdings in late 2007.

Arjun Goswami, country director for the Asia Development Bank, told the Post last week that divestment of state-owned enterprises could be vital in bolstering private sector enterprises.

“Private control will always be more effective than state control,” he said.

ADDITIONAL REPORTING BY KAY KIMSONG

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Entry filed under: Economy and Trade. Tags: .

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3 Comments Add your own

  • 1. neat thida  |  April 26, 2009 at 4:55 am

    i would like to require you about internal rule of Chup rubber plantation

    Reply
  • 2. Maduranga  |  December 24, 2010 at 4:00 am

    May I have your favorable response giving the FOB & CIF Colombo price for RSS 3 & 4 and TSR Grades that you have ? Please send me a copy
    Of latest Test Report of your TSR grades that you have , for our further scrutiny.

    Reply
  • 3. Sothy  |  May 26, 2011 at 3:42 am

    I like to know the rubber plantation company’s name and contact person and numbers. Thanks

    Reply

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