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Deal #234 Version #45529
Lao PDR
Created at
2013-02-15
Last update
2013-06-07
Last full update
2022-08-17
Land area
Size under contract (leased or purchased area)
- [2008, current] 10000.0 ha
Size in operation (production)
- [2010, current] 8078.0 ha
- [2009] 7323.0 ha
Comment on land area
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.
Intention of investment
Intention of investment
- [current] Other, Agriculture unspecified, Timber plantation for wood and fiber
Comment on intention of investment
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.
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2008, current] Concluded (Oral Agreement)
Implementation status
Implementation status
- [2008, current] Startup phase (no production)
Comment on implementation status
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.
Contract farming
Contract farming
Yes
Comment on contract farming
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.