As plans for new processing facilities in the kingdom begin to take shape, the Vietnam Cashew Association has agreed to ramp up orders of Cambodian cashew nuts, according to the Ministry of Agriculture, Forestry and Fisheries (MAFF).
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Vietnam has agreed to purchase one million tonnes of Cambodian cashews, Hean Vanhan, director-general of MAFF’s general directorate of agriculture, told Khmer Times.
It has also agreed to build processing plants in the kingdom, develop human capital in the sector and share new types of cashew nuts so they can be grown in the kingdom, Mr Vanhan said.
“The Vietnam Cashew Association has promised to buy all cashew nuts produced in Cambodia,” he said, adding that the country will also send one million seedlings of different cashew nut varieties between 2018 and 2022 to be planted in Cambodia.
Vietnam is Cambodia’s biggest buyer of cashews. In the last three years, 99 percent of all Cambodian cashews have been sent to Vietnam.
The Vietnam Cashew Association also has plans to set up a 500,000 hectares plantation in Cambodian territory that will yield one million tonnes of cashews every year, a project it will undertake in cooperation with MAFF and local farmers.
Cambodia produced more than 104,000 tonnes of cashew nuts last year, 100,000 tonnes of which were bought by Vietnamese cashew-processing companies.
Kampong Thom, Kampong Cham and Ratanakiri are the biggest provinces in terms of area allocated to the cultivation of cashews, with 27, 18 and 17 percent of total cultivated land growing the crop, respectively.