Hyundai Corporation Holdings begins to build s modern agricultural products distribution center, the first in Cambodia
– Cambodian agricultural products such as mangoes are expended to export to third countries such as China and Southeast Asia. –
Hyundai Corporation group held a groundbreaking ceremony for the construction of a agricultural products distribution center with the quarantine facility for the Vapor Heat Treatment (VHT) in Kampong Speu, Phnom Penh, the capital of Cambodia, at 9:00 am on Thursday.
The ceremony was attended by a number of Hun Manet, a three-star general and Hun Sen, Cambodian Prime Minister’s oldest son, Sok Chenda, the secretary-general of the Council for the Development of Cambodia, Veng Sakhon, the Minister of Agriculture, Vei Samnang Kampong Speu Governor, Mao Kun Pisey, the president of Mao Legacy Co., LTD, Son you hae, the executive director of Seowon, Kim won kab, the vice-president of Hyundai Corporation Group, Ham jung han, the embassy of Korea in cambodia, Kwon guongmu, the Kotra director in Phnom Penh, Park tae hun, the branch manager, Hrdkorea in Cambodia, etc.
The Hyundai Corporation Group will build a total $ 10 million agricultural distribution center in partnership with local partner Mao Legacy and Seowon Distribution in Korea. Construction will be completed at the end of September. When the procedure is completed, the Cambodian mangoes that have been quarantined from the center will be introduced in Korea from early next year. In the first year, it starts at about 1,700 tons, and gradually it will increase.
Although mangos are the representative agricultural product of Cambodia, Cambodia has had no quarantine system and distribution system, which are essential for export. Most of them are sold cheaply to neighboring nations through trucks without special processing.
For exports of fresh fruits, strict quarantine procedures are required. The most commonly used method is the Vapor Heat Treatment (VHT). This center is the first modern agricultural distribution center in Cambodia that can meet the international standards of quarantine. The Center will be responsible for the commercialization of Cambodian agricultural products including classification, washing, sorting, quarantine, processing and packaging, etc. The agency will play a pivotal role in exporting the products to third countries such as Korea, China, Japan, Southeast asia and the EU, etc.
The project is regarded as win-win opportunity for both Cambodia and Korea. Cambodia can solve the problems about the farmer’s sales and expect them to improve their income. In addition, it can acquire advanced quarantine and distribution technologies and know-how from Korea. In Korea, domestic consumers will also be able to buy high quality Cambodian tropical fruits at a reasonable price.
The Hyundai Corporation Group will expand its range of products from mangos to mangosteens, melons, durians, papayas, etc. The company plans to expand the scope of business to the processing and distribution of local agricultural products. Hyundai Corporation Group will be steadily pursued the works to create future growth business by applying to the ASEAN region.