Vietnam Rubber Group active in Cambodia

July 13, 2011 | 11:32

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Cambodian authorities will continue to create favourable conditions for the Vietnam Rubber Group (VRG) to implement projects signed by the two countries’ leaders in the spirit of friendly cooperation for the benefit of the two peoples.

Vice President of National Assembly of Cambodia , Nguon Nhel, made the statement at the reception for VRG general director Tran Ngoc Thuan in Phnom Penh on July 12.

Nguon Nhel said VRG’s investment in Cambodia had contributed to developing industries and society as well as improving the locals’ lives.

Thuan said that VRG would build two pagodas as gifts for the Kongpong Thum province in the near future. He also requested local authorities to choose suitable locations and architecture for the projects.

VRG has carried out many rubber-growing projects in Cambodia since 2007. At present, 11 member companies have planted 26,000 hectares of rubber trees on 95,178 hectares of allotted land. The group plans to plant 100,000 hectares of rubber trees in this country by 2012.

So far, VRG has generated stable jobs for more than 7,000 Cambodian workers with average salaries of over $100 per month.

Additionally, its member companies have built over 1,500 houses for workers, and hospitals and schools for their children and provided financial assistance for the construction of rural roads and actively participated in social activities in the locality.