TEKCOM gains priority access to hevea veneer and plywood supply in Cambodia
On August 16 TEKCOM Corporation signed an MoU with Chu Se – Kampong Thom Rubber JSC a member of Vietnam Rubber Group establishing a framework for priority access to future hevea veneer and plywood from plantations in Cambodia
Vietnam-based plywood manufacturer TEKCOM has secured priority access to Cambodia's hevea veneer and plywood supply, as outlined in a Memorandum of Understanding (MoU) signed between the two entities. This agreement aims to establish two complementary supply channels for TEKCOM: locally produced hevea veneer for the company's manufacturing process, and plywood manufactured in Cambodia for furniture, interior, and other plywood-based applications.
Rubber plantations in Cambodia are expected to increase from 4,000 hectares per year in 2027 to an average of 1,000 hectares annually from 2028, providing a substantial resource base for the production of hevea veneer and plywood. The initiative aligns with TEKCOM's broader strategy to develop regional manufacturing partners across ASEAN, including Malaysia, Laos, and Cambodia, to offer customers more manufacturing-origin options and manage supply concentration as trade barriers evolve.
TEKCOM's CEO, Vu Quang Huy, emphasized the importance of supply continuity, transparent origin, and sourcing flexibility for international buyers. The partnership with VRG, which manages the rubber plantations, will enable Cambodia to emerge as an additional regional platform for veneer and plywood production. The MoU, which now enters a technical phase, will involve a joint working team completing field assessments within 60 days and preparing a technology proposal and investment estimate within 120 days.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
