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| Lee Woo-chang, head of KomerCN, examines corns grown at his farm in Cambodia. (Photo: Provided by the company) |
March 28, 2011
By Lim Mi-jin, Limb Jae-un
Joong Ang Daily (South Korea)
Lee Woo-chang, 42, set up a farming company called KomerCN in Cambodia back in December 2008 to grow corn. Lee started out small. His initial farm was on 21 hectares (51.89 acres) of land in Wiwalton Village, Kampong Speu Province. However, he wants to expand the farm to 13,000 hectares.
Lee also formed a corn agricultural cooperative with 1,400 Cambodian farmers who are cultivating 7,000 hectares of land. Lee plans to purchase all the corn produced by the cooperative and export it to Korea, which is heavily dependent on corn imports.
According to Lee, it will be one of the first times that Korea has imported corn from a Korean-managed overseas farm.
Lee is in talks with Daesang, a major local food producer, for the Cambodian corn supplies. “If the corn is tested to be safe from toxins or molds, it may happen,” Lee said.
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