American Chamber of Commerce (AmCham Cambodia) Webinar

Published 2021년 10월 12일

Tridge summary

The article provides an overview of the agricultural trade and investment opportunities in Cambodia, as discussed at an AmCham Cambodia event. It highlights the country's reliance on agriculture, which accounts for 23% of its GDP and employs 32% of its labor force. Despite facing challenges such as low productivity due to lack of capital investment, the sector is showing promise, especially as returnees from the sewing industry seek new opportunities. The US and Cambodia have a growing trade relationship, with agricultural trade reaching $340 million. The rice industry, in particular, has potential for growth with the right investments and improvements in quality and milling capabilities. Additionally, the article discusses the potential of high-quality agricultural products targeting the middle class and overseas markets, citing examples like Baby Bird, an American company that has found success in Cambodia by focusing on sustainable practices and high-value crops.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

- Agricultural productivity is low due to lack of capital investment - - Promising investment in high-quality agricultural products targeting the middle class - The American Chamber of Commerce (AmCham Cambodia) held Agricultural trade and investment in the kingdom of Cambodia on September 20, 2021 (Mon). Cambodia AmCham Chairman Mr. Hosted by Anthony Galiano, Mr. Foreign Agricultural service’s office. Benjamin Petlock, Mr. of CAST Cambodia, an agricultural NGO. James Hershey, Mr. BRM Agro. Patrick Davenport, Mr. Baby Bird, Inc. Daniel Rothenberg joined as a presenter. In Cambodia, agriculture accounts for 23% of GDP and is a major industrial sector in which 32% of the total labor force participates. While the sewing industry has been hit by COVID-19, the importance of agriculture is expanding as the unemployed in the sewing industry move to agriculture. Cambodia Agrifood Market Foreign Agricultural service is an organization that promotes the expansion of agri-food and related ...

Source: Kotra