Local rice miller and exporter Amru Rice has started reaping the benefits of its partnership with the International Financial Corporation (IFC), beginning to collect rice from farmers working under contract farming schemes in Kampong Cham province.
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As part of a joint advisory project, IFC, a member of the World Bank, is supporting Amru Rice over a three-year period to implement Sustainable Rice Platform (SRP) standards and practices in the company’s supply chain.
“During the first season, we plan to collect 3,000 tonnes from our contracted farmers,” Song Saran, CEO of Amru Rice, told Khmer Times.
Mr Saran said they have just started the purchases from farmers that have met SRP standards.
“We will buy 500 tonnes a week from them,” he said, adding that there are about 500 farmers in the community they’ve partnered with, working on 1,000 hectares of land.
The Sustainable Rice Platform (SRP) is a multi-stakeholder platform established by the UN Environment and the International Rice Research Institute.
It aims to promote resource efficiency and sustainability in global supply chains by providing actors in the rice sector with sustainable production standards.
“Our goal is to expand export markets for the farmers, and to help them reach SRP standards,” Mr Saran said.
“The IFC has provided great support over the last few years. The partnership over SRP fits our strategy of expanding our markets and adding value to our product.”
As part of the partnership with Amru Rice, IFC has trained and coached at least 2,000 contracted farmers in Kampong Cham province.