Mr Chan Koon Wing is the last remaining licensed commercial grower of Agarwood in Hong Kong SAR, a 3rd generation Aloeswood farmer known locally as “The Hong Kong King of Fragrant wood referred to as Agarwood/ Aloeswood”.
Asia Plantation Capital (APC) is delighted to announce a joint endeavor with Mr Chan to aid protect his existing trees, plant more trees and expand his plantation plus build a little visitor centre and develop longer term commercial opportunities.
Asia Plantation Capital is the largest business grower of agarwood trees in Southeast Asia; producers of sustainable and natural oud oils for the worldwide scent market, medical and incense industries. Robert Timmermans, Special Projects Consultant at Asia Plantation Capital clarified that Hong Kong indicates “Fragrant Harbour” translated to English.
Asia Plantation Capital is supplying added management, labour, funding and security to assist Mr Chan maintain and handle his plantations and to safeguard the trees from theft, which at anywhere from US$ 500 to US$ 1,000 for an individual tree is a huge problem! Asia Plantation Capital will certainly likewise be creating a tree-nursery and little visitor centre to discuss plantations and showcase agarwood and its end utilizes.
In 2012, CNN quoted 55 year old Mr Chan “My grandfather was the one in the household who began planting these incense trees back in the day, when I was a young child I followed him up in the hillsides to assist. Now I see a lot of incense trees in Hong Kong have been logged, so I want to maintain them.” Combining a 5th generation perfumer with a 3rd generation agarwood/ Aloeswood grower Asia Plantation Capital felt was a natural choice, and perhaps another World First in helping showcase the centuries of custom included.
Asia Plantation Capital sees this joint venture as part of their long term dedication to ensure the artisan customs of growing agarwood & incense trees does not die out and really continues to flourish together with industrial plantations. In 2009, Asia Plantation Capital reintroduced agarwood to Sri Lanka where it had been totally wiped out by high need from the Middle East and Chinese markets. Now four years later, the trees are thriving and other plantation operators in Sri Lanka are following the Asia Plantation Capital lead, even working in your area with Asia Plantation Capital specialists as a source of understanding and guidance to develop their own plantations.
Until the early 20th Century, Hong Kong was understood throughout the world as “The Fragrant Harbour”. It is the passion of Asia Plantation Capital and Mr Chan, together with his two boys, and with the assistance of.
Fragrance Du Bois, to restore his family name and Fragrant Harbour image back to Hong Kong, safeguarding its heritage for future generations. Re-establishing its rightful place in what is now a worldwide industry with an approximated annual value someplace in between US$ 6 and US$ 12 billion.