The ceremony was chaired by Mr. Yim Chhayly, Deputy Prime Minister of the Kingdom of Cambodia, Chairman of the Council for the Restoration and Development of Agriculture and Rural Development of Cambodia; Mr. Nguyen Huy Tang, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Cambodia. The ceremony was also attended by Mr. Tran Ngoc Thuan, Chairman of the Vietnam Rubber Association, Member of the Board of Directors of VRG; Mr. Le Thanh Hung, General Director of VRG; Mr. Oknha Leng Rithy, Head of the VRG Representative Office in Cambodia; representatives of leaders of Cambodian ministries and branches; leaders of Kratie province; representatives of the State Capital Management Committee at enterprises, etc.
Leaders of the Royal Government of Cambodia, Kratie province took souvenir photos with leaders of VRG and Dong Nai - Kratie Rubber
Contribute to poverty reduction and economic growth
Speaking at the ceremony, Mr. Tuy Bunsereyrotmony, Deputy Governor of Kratie Province, said that Kratie Province is located in the northeastern region of Cambodia, 340 km from the capital Phnom Penh. Kratie covers an area of over 11,000 km², has 7 cities/districts, 48 communes, 327 villages with a total population of over 444,000 people (103,678 families), a population density of 40 people/km².
Mr. Tuy Bunsereyrotmony said that in Kratie, there are 16 companies from Vietnam that have planted 32,273 hectares of rubber, of which 4 member companies of VRG (Dong Nai - Kratie Rubber, Dau Tieng Kratie Rubber, Dong Phu - Kratie Rubber and VKETI Company Limited) have planted more than 17,000 hectares of rubber and thousands of hectares of other crops.
"The operations of Dong Nai - Kratie Rubber Joint Stock Company are in accordance with the laws and regulations of the Kingdom of Cambodia. In addition, the company has contributed to the Royal Government of Cambodia in promoting Cambodia's economic growth and poverty reduction for the Cambodian people, as well as contributing to the development of Kratie province by participating in infrastructure construction and contributing to the budget," said Mr. Tuy Bunsereyrotmony.
DEPUTY PRIME MINISTER OF THE KINGDOM OF CAMBODIA YIM CHHAYLY
Mr. Yim Chhayly also affirmed that, along with carrying out production tasks, Dong Nai - Kratie Rubber Joint Stock Company in the past 15 years (2008 - 2023) has also built works: farm office, workers' housing, schools for workers' children, medical stations, pagodas, clean water systems, electricity, roads... The company has also provided professional training for Cambodian workers and has strictly implemented the labor law and other relevant regulations of Cambodia.
"On behalf of the Royal Government of Cambodia, I would like to commend the efforts of Dong Nai - Kratie Rubber Joint Stock Company and all Vietnamese companies that have invested in the rubber plantation sector. The companies have cooperated very closely with the Ministry of Agriculture, Forestry and Fisheries, the Ministry of Environment and relevant agencies of Cambodia to contribute to the Royal Government of Cambodia in promoting economic growth, helping to eliminate hunger and reduce poverty for the Cambodian people," Mr. Yim Chhayly emphasized, while affirming that the Royal Government of Cambodia will continue to create the most favorable conditions for rubber companies under VRG and Vietnamese companies investing in Cambodia to develop stably and sustainably.
Has achieved very meaningful results
At the ceremony, Ambassador Nguyen Huy Tang affirmed that economic cooperation is the focus of the high-ranking leaders of Vietnam and Cambodia, including investment, production and business activities of 16 rubber companies under VRG in general and Dong Nai - Kratie Rubber Joint Stock Company in particular in Cambodia.
According to Ambassador Nguyen Huy Tang, the rubber tree planting project of Dong Nai - Kratie Rubber Joint Stock Company was carried out in a remote area of Kratie province. 15 years ago, this was a wild land with a very sparse population; the socio-economic situation in this area was almost undeveloped; infrastructure had not been invested in and built, and the people lived mainly by shifting cultivation and nomadic living.
Deputy Prime Minister of the Kingdom of Cambodia Yim Chhayly (middle) and Ambassador Nguyen Huy Tang (left) presided over the celebration and presented flowers to congratulate Mr. Do Minh Tuan, General Director of Dong Nai Rubber Corporation - the parent company of Dong Nai - Kratie Rubber.
Up to now, after 15 years of investment, construction and development, Dong Nai - Kratie Rubber Joint Stock Company has actively contributed to changing the appearance of the project area, contributing to accelerating the economic development speed in the locality, improving infrastructure in rural areas, creating jobs with stable income for local people. In addition, the company has also formed the habit of settling down with an industrial style for the Cambodian workers in the project area.
With an area of about 5,000 hectares of rubber in harvest season, Dong Nai - Kratie Rubber Joint Stock Company is currently creating jobs for nearly 1,000 workers inside and outside Kratie province, with an average salary of 340 USD/person/month. Although facing many difficulties due to unstable rubber prices on the world market, sometimes low, the company's revenue is still higher year after year, revenue in 2022 reached 11.6 million USD and profit reached 803,000 USD.
Over the past 15 years, the company has fulfilled its tax obligations to the Cambodian government, with an amount of more than 2.6 million USD. In addition, the company has actively participated in social security activities inside and outside the area. By the end of 2022, the company had contributed nearly 722,000 USD to social security activities in the project area and charitable activities launched by the Cambodian government. The company has also always cared for, built and nurtured good relationships with authorities at all levels in the project area, which have been recognized and highly appreciated by the Cambodian side.
"It can be affirmed that the investment activities of Dong Nai - Kratie Rubber Joint Stock Company in recent times have achieved very meaningful results and successes... The above-mentioned activities and results of the company have been and are making an important contribution to promoting the relationship between Vietnam and Cambodia to develop more and more according to the motto "good neighbors, traditional friendship, comprehensive cooperation, long-term sustainability", said Ambassador Nguyen Huy Tang.
Ambassador Nguyen Huy Tang affirmed that the Vietnamese Embassy in Cambodia has been and will continue to accompany and support the investment and business activities of Vietnamese enterprises in Cambodia, including Dong Nai - Kratie Rubber Joint Stock Company. At the same time, he hoped that the company would continue to develop more strongly and always fulfill its obligations to the Cambodian State, constantly improve the lives of workers, maintain and promote good cooperative relations with authorities at all levels of Kratie province, contributing to the development of good economic cooperation between Vietnam and Cambodia.
ECONOMIC AND POLITICAL TASKS
Also at the celebration, Mr. Le Thanh Hung, General Director of VRG shared that from the beginning, VRG leaders determined that the rubber development program in Cambodia and Laos was not only carried out for economic purposes but also as a political mission. VRG's projects in the two neighboring countries have played a great role in working with the state to further enhance the solidarity and friendship between the three countries of Vietnam - Laos - Cambodia. And Dong Nai - Kratie Rubber also carries that noble mission.
"On behalf of VRG's leadership, I would like to express my gratitude to the first cadres of the unit who did not hesitate to face difficulties to cultivate rubber trees in the neighboring country. I would like to sincerely thank the leaders of the Party and State of Vietnam and Cambodia for their attention and support for the development of VRG's projects in general and Dong Nai - Kratie Rubber in particular," said Mr. Le Thanh Hung.
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