Sein Wut Hmone Company has first established its rubber plantation in 1996. In Myanmar’s border area, Ho Pan Township, Kwan Lone Region, with the aim of creating jobs for former opium planters in opium-replacement-plantation project areas, and for the greening of environment, the first rubber plantation in the region with private investment was first implemented with 400 acres.
The 400 acres of rubber were all planted in the year 2000, and in 2004, the rubber latex extraction was able to start, and by 2007, all the acres were able to extract rubber latex. To produce high-quality rubber raw products from its own plantation, the Company also constructed a Rubber Distillery Plant in Chin Shwe Haw Township, which is able to produce 3 tons per day. Nowadays, the plantation business was able to give jobs to over (150) people, and because of the Company’s first venture in the region, other investors were also able to make profit from such business, and thus, there are many rubber plantations in Kwan Lone, Ho Pan region which currently makes the region the top rubber producer in Northern Shan State, and it created many employment for the locals, so the living standards of the local have risen substantially.
Also, the Company also had extended its rubber plantations to Lashio Township firstly in 2005, and currently, 3000 acres have been planted, and the latex extraction will be starting in the next few years. To produce high quality raw rubber products, another rubber factory is now being built, which has the capacity to produce 12 tons per day.
Starting from 2007, the plan to jointly-grow 800 acres of tea leaves have also started, and today, 400 acres of tea leaves have been planted, and can now be harvested.
This project have gave employment to 300 people in the region, and when all the planted acres begin the latex extraction process, over (1500) people will be given employment opportunities, which will help the livelihood and job seeking of some of the locals, and also will be able to assist in the greening of the environment, and raise up the highly priced forest.