MAKING THE CASE FOR INVESTMENT IN CASSAVA
MAKING THE CASE FOR INVESTMENT IN CASSAVA
October 29, 2019
This report finds that the potential returns to public investments in cassava are substantial, with the economic benefits outstripping costs by a factor of up to three to one over a ten-year period. Taking wider socioeconomic impacts (in employment and poverty reduction) into account, it finds that cassava also out-performs alternative investments in rice production, livestock and food, and tourism sectors.
Cassava is the second largest agricultural crop in Cambodia, it is both an important export commodity and an input to several industrial processes. Its development offers both output gains, and structural benefits to the Cambodian economy. Its possible future role in promoting higher value-added and greater productivity has gained recognition from the Royal Governmentof Cambodia (RGC) under the Industrial Development Policy 2015-2025.