Sri Lankan company to plant 20,000 hectares of rubber in Cambodia
Sri Lankan agricultural group Lankem Ceylon PLC says it plans to plant 20,000 hectares of rubber in Cambodia as part of a diversification strategy. Lankem chairman A Rajaratnam disclosed the strategy in the company’s annual report for the year to March, 2012, released by the company earlier this month. In addition to replanting nearly 1,000 hectares of low-yielding rubber with oil palm, he said the company’s Kotagala Plantations unit had obtained government regulatory approval to plant 20,000 hectares of rubber in Cambodia. … Further details weren’t immediately available.
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