Cassava flour mill asks government to negotiate import tax reduction

Cassava flour mill asks government to negotiate import tax reduction

(KPL) Laos-Indochina Cassava Flour Production Factory asked the government to help in negotiation of Generalised System of Preferences and reduction of import tax on cassava flour with China.
This was a request of Laos-Indochina Cassava Flour Production Factory, Director General of Mr Sengmaly Sengvattana proposed to Standing Deputy Prime Minister Somsavat Lengsavad when he visited the Laos-Indochina Cassava Flour Production Factory, on 3 March, Vientiane.
Mr Sengmaly also asked the government to help in reducing the loan interest for cassava growers who affected from flood, from 13 per cent to 5 per cent.
He added that last year the factory encouraged growers to plant cassava on 3,500ha, in Vientiane, Borikhamsay and Vientiane provinces, of which 600 ha of cassava flooded.
Presently, farmers enable to supply only 320 tonnes of cassava to the factory with the estimated output of 50-100 tonnes of cassava flour per day while the factory’s production capacity is between 200-500 tonnes per day.
The factory distributes 400 tons per month in domestic market covering 20 per cent and 80 per cent of cassava flour was exported to China.
Mr Sengmaly said, in this year, we will to expand the cassava area from 3,500 ha to 6,600 ha.