Lack of investment constrains Cambodia’s crocodile farmers

02/12/2013
The government of Cambodia has said that crocodile farmers should let their animals grow to a bigger size before selling them to gain a greater share of the value.

Baby crocodiles are sold to neighbouring Thailand for around $14, according to a report in the Phnom Penh Post, while leathergoods brand Hermes can sell a handbag, made of two skins, for $40,000. However, a lack of technology and investment is holding the Cambodians back. 

The newly established Angkor Association of Crocodile Feeders in Siem Reap is seeking to address the issue by encouraging  farmers to breed crocodiles for skin export.

It is estimated that Cambodia supplies around 20,000 of the 100,000 crocodiles the Thai market demands annually.