FURA HOLDINGS has entered a strategic partnership with China’s SINOPHARM GROUP through its subsidiaries Singapore Agritech and Fongze Pharmaceutical to enhance food security and agricultural innovation. A formal signing ceremony was held at Tribe Hotel Post Office Square in Phnom Penh, Cambodia, on Monday, 15 April 2024. Representing FURA HOLDINGS were Chief Investment Officer Mr. Ly Senleap and Singapore Agritech CEO Mr. Yeo Kian Peng, alongside senior executives from SINOPHARM GROUP. Together, they are launching SINOPHARM Singapore, an entity dedicated to securing purchase orders, processing agricultural products, and distributing food and medical goods across Asia, the Middle East, and Europe. As part of this collaboration, the partners will develop a modern industrial park featuring crop processing facilities, an autonomous seaport, smart warehousing, and large-scale farming operations. Key medicinal crops to be cultivated include black pepper, betel nut, yellow berry, black sesame, and cardamom, while rice, cashew nuts, cassava, and elephant grass will be grown to support food production and exports. This partnership marks a significant step toward sustainable agriculture, supply chain efficiency, and regional food security, reinforcing both companies’ commitment to innovation and long-term economic growth.