Hong Lai Huat to develop mega agricultural hub in Cambodia

Property developer Hong Lai Huat Group will design, build and operate a mixed-use agricultural hub in Cambodia, with a total land size of about 10,000 hectares, estimated to be about one-seventh the size of Singapore.

The mainboard-listed group has received official approval from the Cambodian government to convert its existing agricultural land in Aoral District, Kampong Speu Province, into a mixed-use development.

Hong Lai Huat, which expects the development to add new revenue sources for the group, said the hub will set out the roadmap for the future growth of its real-estate division in the country.

In full: https://www.businesstimes.com.sg/companies-markets/hong-lai-huat-to-develop-mega-agricultural-hub-in-cambodia

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