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Mango exporter targets Hungary and Russia

Chea Vannak / Khmer Times Share:
A child in a Cambodian village enjoying a mango. Reuters

Mong Reththy Group, an agro-industrial conglomerate that invested heavily in the mango sector, is expanding markets for exports to Russia and Hungary.
 
Group president Mong Reththy said the new markets will increase group exports from Cambodia to 5,000 metric tons a year.
 
The group set its sights on Russia and Hungary after the repeated failure of negotiations to export fresh mangos to South Korea.
 
Negotiations to export to Hungary will be carried in the middle of the year, he said, added that the company exported a metric ton of mangos last year to Russia.
 
“I am confident that exports will reach 5,000 metric tons a year due to the increase in plantations by farmers,” he said.
 
Currently, the Mong Reththy Group exports mangos to the EU market, and only in the last 11 months has the company had grown enough mangos for export due to the prolonged drought last year.
 
Since November, the company has exported about 100 metric tons of mangos to the EU.
 
The group is planning to build a processing factory for packaging mangos before export. The plant is due to start operating this year. Currently, the company packages mangos for export by hand.
 
The country grew about 2.6 million metric tons of mangos in 2015, but quality and processing capabilities are still problematic, with most exports ending up in Thailand and Vietnam where they fetch low prices.

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