Invest more in rubber processing plants via value-added initiatives and technology, urged Men Sopheak, president of the Rubber Development Association of Cambodia (ARDC) as Cambodia invites foreign tyre manufacturers to set up shop here.

He viewed this as a pertinent step-up in the development of rubber processing, which would enable Cambodia to export higher value-add products in future, rather than the present exports of raw material.

At the opening of Vietnamese-owned C.R.C.K Aphivath Caoutchouc Co Ltd’s semi-finished rubber processing plant in Sandan district, Kampong Thom, on July 28, Sopheak commended the investor’s efforts to establish a high-tech factory.

The plant’s establishment reflects C.R.C.K’s confidence in the Cambodian economy, he said, adding that it has not only helped the livelihood of people in Sandan but also brought in technology to contribute to the development of this sector.

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by May Kunmakara | Publication date 02 August 2023 | 21:34 ICT