Friday, February 23, 2024

Hong Lai Huat Group Plans 10,000 Hectare Mega Agriculture Hub

Hong Lai Huat Group, a prominent real estate and property developer in Cambodia has set plans in motion to design, build and operate a mixed-use agricultural hub with a total land size of 10,000 hectares in Aoral District, Kampong Speu Province.

The Group expects the development to attract foreign investors into the nation, and at the same time to create job opportunities for the locals.

Food-processing factories, warehouse facilities, logistic hub, renewable energy, livestock farms, construction materials, plantations, and water plants are some of the expected zones to be included in the agriculture hub.

With each zone to be progressively launched to the market, Hong Lai Huat Group hopes to attract new partners to collaborate in this strategic expansion of the agriculture hub.

Earlier this month, the Group announced that it would sell its Singapore farm resort business for S$4.8 million to “completely focus on its business in Cambodia”.

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