Memorandums of Understanding between Ministry of Agriculture, Forestry and Fisheries and Khmer Enterprise

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Phnom Penh (FN), Jul. 12 – On 11 July 2024, the Ministry of Agriculture, Forestry and Fisheries entered into a Memorandum of Understanding (MoU) with Khmer Enterprise, an initiative of the Royal Government aimed at fostering the development of a vibrant entrepreneurial ecosystem in Cambodia.

The ceremony was organized at the Ministry of Agriculture, Forestry and Fisheries and highly presided over by Dith Tina, Minister of Agriculture, Forestry and Fisheries, and Hem Vanndy, Minister of Industry, Science, Technology and Innovation and Chairman of the Board of Trustees of Khmer Enterprise.

This Memorandum of Understanding aims to support and promote the development of modern agricultural cooperative in Cambodia through the provision of technical assistance from Khmer Enterprise with the coordination of the Ministry of Agriculture, Forestry and Fisheries. As part of this collaboration, the Ministry of Agriculture, Forestry and Fisheries will provide technical support in areas such as cultivation practices, input supplies, machinery, and infrastructure. Meanwhile, Khmer Enterprise will focus on enhancing the business skills of the agriculture cooperatives through capacity building initiatives.

Dith Tina stated that "The partnership between the Ministry of Agriculture, Forestry, and Fisheries and Khmer Enterprise will enhance the development of Modern Agricultural Cooperatives through improved entrepreneurship and management. This collaboration will also foster greater confidence in further investment into the program in the future."

Hem Vanndy stated that “this signing demonstrates the government’s commitment to modernize Cambodia’s agro-industry and developing business skills for Agricultural Cooperative to be more efficient for the agro-industry ecosystem.”

The Ministry of Agriculture, Forestry and Fisheries, and Khmer Enterprise will establish a technical working group to develop action plans, create a joint evaluation mechanism, provide updates, and offer advice to ensure the effective implementation of the project.
=FRESH NEWS