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The Government has recently given the green light for the
Vietnam Rubber Corporation (VRC) to invest an estimated US
$4 million in planting 4,000 ha of rubber trees in Cambodia
this year. Under a bilateral cooperation plan, VRC will
provide funding, seedlings and necessary equipment for the
planting. The investment was part of a project to cultivate
100,000 ha of rubber trees in Cambodia which was previously
approved by the Government.
Recently, a company of Vietnam signed with a
representative of the Lao Government an agreement on
planting rubber trees and building a rubber latex processing
mill in the southern region of Laos.
The project will be carried out in 8,000 ha of land in
Sekong province of Laos.
An official of the province said this was the second
company of Vietnam to have been licensed to implement rubber
tree planting project in the locality and the project was
part of the province's reforestation plan. (VNA) |
