"Courtesy meeting on Cooperation in Investment, Processing and Export of Cambodian Rice Bran to the US market" On 09 December 2024, at the Council for the Development of Cambodia (CDC), H.E. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the CDC, granted the high honor of allowing Amru Rice, led by Mr. Song Saran, CEO of Amru Rice, and Stabil Nutrition LLC, led by Mr. President, Michael A. Tarrasch, to have the opportunity to meet and discuss on the joint investment projects between Amru Rice and the Stabil Nutrition LLC in processing and exporting Cambodian rice bran to the United States market. The courtesy meeting and working discussion on this occasion was organized after Amru Rice and Stabil Nutrition LLC signed a memorandum of understanding in September 2024, presided over by H.E. Deputy Prime Minister, during the US investment promotion and attraction visit in September 2024. Through this meeting, Amru Rice was honored to report to H.E. Deputy Prime Minister about the investment plan of the company and our partner, Stabil Nutrition LLC, and to inform about the progress of the cooperation, which has been focusing now on the feasibility study to set up the Stabilized Rice bran processing plant in Kampong Thom province to produce and process bran products from Cambodian organic rice, under the technical support of our partner, Stabil Nutrition LLC, to comply with quality standards and specifications, as well as regulations, for import into the United States market. The investment on the Stabilized Rice Bran processing plant brings numerous benefits across multiple levels to especially the increase income opportunities for farmers as well as encouraging farmers to engage in sustainable farming practices aligned with high-quality production standards. Moreover, it could also be the potential strategy to reduce waste by converting byproducts into valuable commodities, promoting resource efficiency, and position Cambodia as a key player in sustainable agriculture and premium rice products on the global market. In response to this cooperation investment, H.E. Deputy Prime Minister provided the high notes on the investment situation in Cambodia, the investment facilitation of CDC, and the vision of the Royal Government of Cambodia in supporting businesses through incentives and tax exemptions for investment, and encouraged Amru Rice and Stabil Nutrition LLC to be successful in their investment in processing and exporting bran from Cambodia. [Photo Credit: The Council for the Development of Cambodia] #Amrurice #US #Ricebran
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