Deal #234

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 People’s 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