Hyundai Corporation Holdings, Cambodia’s first modern agricultural distribution center with quarantine facilities, has been completed
2020. 01. 15H-Story– Exporting Tropical Fruits of Cambodia such as Mango to Countries with Strict Quarantine Measures such as Korea, Japan, China and EU –
– 11First Introducing Cambodian Mangoes to Korea in January … Expansion Plans for Overseas Sales –
THE PRESIDENT CHUNG MONG-HYUCK SAID, “CAMBODIA’S LARGEST COMPREHENSIVE AGRICULTURAL PRODUCT QUARANTINE, PROCESSING AND DISTRIBUTION BASE SHOULD BE DEVELOPED.”
Hyundai Corporation Holdings is kick starting to expand exports of Cambodian tropical fruits such as mangoes by constructing a modern agri-distribution center with Cambodia’s first export quarantine facility. At 9am local time on the 15th (Wednesday), Hyundai Corporation Holdings held the building dedication ceremony for its modern agri-distribution center with Cambodia’s first Vapor Heat Treatment (VHT) quarantine facility at the center of Kampong Speu district near Phnum Penh, the capital of Cambodia.
The building dedication ceremony was held in attendance of the President Mong-hyuck Chung, Vice President Won-kab Kim, four-star general in the Royal Cambodian Armed Forces Hun Manet (the elder son of Prime Minister Hun Sen), Vice Minister of Agriculture Ngin Chhay, Secretary General of CDC Sok Chenda, CEO Mao Kun Pisey of a local partner, Mao Legacy Co., Ltd., as well as Korean Ambassador in Cambodia Heung-gyung Park, director of trade of KOTRA in Phnum Penh Jong-soo Shin, and director of KOICA Cambodia Hyun-joon Noh.
The agri-distribution center, celebrated on this day, has been built jointly between Hyundai Corporation Holdings and a local partner, Mao Legacy, and is 6,000㎡ in building size in 50,000㎡ land. It is a complex of three buildings such as a quarantine center with Vapor Heat Treatment (VHT), a distribution center responsible for commercialization processes from sorting to washing to packing various agricultural goods, and an office building with business facilities.
Mango, one of the representative tropical fruits of Cambodia, had been sold to bordering countries at cheap prices without special processing due to lack of quarantine and modern distribution systems for overseas exports despite high sugar content, juicy flesh and high quality.
The completion of the agri-distribution center with latest quarantine system by Hyundai Corporation Holdings opened up direct export channels for tropical fruits of Cambodia including mango to countries all over the world with strict quarantine requirements. In Korea, Cambodian mangos passing quarantine measures will be imported and distributed in Korean market from January.
Hyundai Corporation Holdings is preferentially exporting via agri-distribution center to Southeastern countries such as Hong Kong, Singapore and Vietnam that do not require VHT quarantine measures. The export volumes are planned to increase from around 10,000 tons in the initial year of 2020 to 15,000 tons in the next year by combining quarantined and non-quarantined volumes through commercialization processes for added values such as sorting, washing and packing. Also, the company plans to continue to pioneer into overseas sales channels all over the world where Cambodian mangoes have not yet been exported such as Europe, Russia and Middle East, and eventually expand the exporting item to Cambodian dragon fruit, coconut, durian and mangosteen.
Agri-distribution center is also highly appraised as a successful mutual collaboration model between Korea and Cambodia. This is because Cambodia can resolve the exporting task of tropical fruits and expect increased income levels for its farmers through the investment of a Korean company, and in return, this has provided a new growth momentum in the agricultural sector in ASEAN region with abundant growth potentials to a Korean company.
On this day, the President said, “The agri-distribution center will be the first and greatest quarantine and distribution base for exporting agricultural goods of Cambodia”, and added, “Hyundai Corporation Group will go beyond quarantine and distribution business for exporting and develop Cambodia’s largest total agricultural goods quarantine, processing and distribution hub equipped with drying and freezing facilities for agricultural goods.”