Deal #234 Version #45528

In December 2008, HAGL signed a contract with the GoL that officially gave the company the right to log timber from and grow rubber on a 10,000-ha plot of land February 2010 provincial and district level governments had already allocated 8,078 ha to the company. 65% of the 8,078 ha had already been cleared, out of which 61% had been planted with rubber. Between May 2007 and August 2009, 5,318 ha of rubber had been planted with rubber and 2,005 ha of land had been cleared, while 2,885 ha remained untouched.

2 Airports are planned HAGL obtained the rights to explore for mineral potentials in Sekong and Attapeu provinces of southeastern Laos but there ar no clues for activity realized in this sector.

February 2010 provincial and district level governments had already allocated 8,078 ha to the company. 65% of the 8,078 ha had already been cleared, out of which 61% had been planted with rubber. Between May 2007 and August 2009, 5,318 ha of rubber had been planted with rubber and 2,005 ha of land had been cleared, while 2,885 ha remained untouched.

The complex consists of a sugarcane material zone of 12,000 hectares to provide feedstock for a sugar mill with a daily crushing capacity of 7,000 tons of sugarcane. HAGL chairman Doan Nguyen Duc informed the group had grown more than 5,000 hectares of sugarcane in Attapeu and the rest would be grown by Laotian farmers.