Agreement opens multi-billion international opportunity

Agro-forestry investment company, Touchwood as a group has secured 28,000 acres of harvest-ready plantations in Cambodia. Touchwood Investments PLC in Sri Lanka, has been awarded a contract to oversee and maintain the entirety of the plantation acreage.

While 22,000 acres will be replanted with high-value trees, Touchwood Group will maintain 5,800 acres as an ecological preservation for flora and fauna. Replanting is also expected to enhance carbon sequestration from the plantation, a media release from the company stated.

“Touchwood is expected to reach greater heights. I am proud to say that the flooring factory has been commissioned. We are now able to focus on agro-forestry and plantation management and intensify our down-streaming strategies for value addition,” said Founder of Touchwood Group, Roscoe Maloney.