Deal #234 | Version 45545 | Version 87721 |
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General info | ||
Size under contract (leased or purchased area) |
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Size in operation (production) |
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Intention of investment |
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Comment on intention of investment | Rubber plantation | Rubber plantation
The company is also growing palm oil, banana, fruits and raising cows
Source: HAGL annual report 2019 |
Comment on negotiation status | Vietnamese real estate conglomerate Hoang Anh Gia Lai is planning to sell a large area of its rubber plantations in Laos to Chinese investors to deal with increasing debts and shrinking profits (Note sure if it's included the plantations owned by Hoang An Attapeu Agriculture Development because it is HAGLβs subsidiary)
Source: Laotian Times | |
Comment on implementation status | According the HAGL annual report, in 2019 water in Sekong river basins around Hoang Anh Attapeu Agriculture Development Co., Ltd. project area rose unusually high inundating some of the project planted areas. The banana planted area of about 1,200 hectares of was flooded while ready to harvest. About 300 hectares of other fruit areas (mainly jackfruit trees) in the stage of fruit development was inundated.
Source: HAGL annual report 2019 | |
Employment | ||
Investor info | ||
Local communities / indigenous peoples | ||
Former use | ||
Produce info | ||
Crops area/yield/export |
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Comment on in country processing of produce | Latex processing | Latex processing
The company also operates the 0.3 ha of Rubber latex production factory in Xaysettha District, Attapeu Province
Source: HAGL annual report 2019 |
Water | ||
Gender-related info | ||
Overall comment | ||
Overall comment | The company Hoang Anh Gia Lai Agriculture Development Company built a domestic airport, there was no mention if the airport was built in the land leased to the company. | The company Hoang Anh Gia Lai Agriculture Development Company built a domestic airport, there was no mention if the airport was built in the land leased to the company.
As at 31 December 2018, the Group has been in progress to construct and complete remaining works of two airport projects namely The Attapeu Airport Construction Project at Attapeu Province and The Nongkhang Airport Construction Project at Huaphan Province, Lao Peopleβs Democratic Republic. The Group did not recognise provision for warranty for the two projects, because these projects have not been handed-over to contractors.
Source: HAGL annual report 2018 |
Meta | ||
Locations | ||
Data sources | ||
Data source #FHNEkIEA | ||
File | ||
Type | Company sources | |
Url | ||
Keep PDF not public | No | |
Publication title | ENG_AR HAG2021_May-30 | |
Organisation | HAGL | |
Data source #ljRHIxzL | ||
Type | Other | |
Keep PDF not public | No | |
Publication title | SUSTAINABLE ANNUAL REPORT 2019 AGRICULTURE DEVELOPMENT | |
Organisation | HAGL | |
Data source #vHHbT-0t | ||
File | ||
Type | Media report | |
Url | ||
Keep PDF not public | No | |
Publication title | Debt-ridden Vietnamese Property Group to Sell Rubber Plantations in Laos | |
Date | 2016-09-17 | |
Organisation | Laotian Times | |
Contracts |