Hyundai Corporation Opens Export Route for Cambodian Mangoes
Hyundai Corporation Holdings Completes Modern Agricultural Distribution Center with Cambodia's First Export Quarantine Facility
Mangoes from Cambodia to Debut in Korea in January
[Asia Economy Reporter Kim Hyewon] Hyundai Corporation Holdings has completed a modern agricultural product distribution center equipped with Cambodia's first export quarantine facility and plans to expand exports of Cambodian tropical fruits such as mangoes.
On the 15th (local time), Hyundai Corporation Holdings announced that it held a completion ceremony for the agricultural product distribution center in Kampong Speu Province near Phnom Penh, the capital of Cambodia.
The completion ceremony was attended by General Hun Manet (eldest son of Prime Minister Hun Sen), Commander of the Royal Cambodian Army, Deputy Minister of Agriculture Ing Chhai, Director of the Investment Board Sok Chenda, Mao Kun Pisei, CEO of local partner company Mao Legacy, as well as key officials including Park Heungkyung, Ambassador of Korea to Cambodia, Shin Jongsu, Head of KOTRA Phnom Penh Trade Center, Noh Hyunjun, Director of KOICA Cambodia, Chung Monghyuk, Chairman of Hyundai Corporation Group, and Vice Chairman Kim Wongap.
The agricultural product distribution center, jointly built by Hyundai Corporation Holdings and local partner company Mao Legacy on a total site area of 50,000㎡ with a building size of 6,000㎡, consists of three buildings: a quarantine center equipped with heat treatment facilities for quarantine, a distribution center handling product processes such as sorting, washing, and packaging of various agricultural products, and an office building with convenient work facilities.
Mangoes, a representative tropical fruit of Cambodia, are high-quality with high sugar content and rich flesh, but until now, due to the lack of quarantine systems and modern distribution systems necessary for overseas exports, most have been sold cheaply to neighboring border countries without special processing.
By completing the agricultural product distribution center equipped with the latest quarantine system that meets international quarantine standards, Hyundai Corporation Holdings has opened the way to directly export Cambodian tropical fruits including mangoes to countries worldwide that require diverse and stringent quarantine conditions such as Korea, Japan, China, and the European Union (EU). Cambodian mangoes that have undergone quarantine are also scheduled to be imported and distributed in the Korean market for the first time this month.
Currently, Hyundai Corporation Holdings is prioritizing exports to nearby Southeast Asian countries such as Hong Kong, Singapore, and Vietnam through the agricultural product distribution center, where heat treatment quarantine is not required. After undergoing value-added product processes such as sorting, washing, and packaging, the total export volume including both quarantined and non-quarantined products is expected to reach about 10,000 tons this year and 15,000 tons next year, gradually increasing exports. The company plans to continuously develop overseas sales channels to all regions worldwide where Cambodian mangoes have not yet entered, including Europe, Russia, and the Middle East. The range of handled products will also be expanded in the future to include Cambodian dragon fruit, coconut, durian, and mangosteen.
Chairman Chung said, "The agricultural product distribution center being completed this time will be the first and largest quarantine and distribution hub for Cambodian agricultural product exports." He added, "Hyundai Corporation Group will further equip this site with drying and freezing facilities for agricultural products and develop it into Cambodia's largest comprehensive agricultural product quarantine, processing, and distribution base, going beyond quarantine and distribution businesses for exports."
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