Deal #268

Location #1

Spatial accuracy level
Administrative region
Location
Savannakhet, Laos

Target country
Lao PDR

Land area

Intended size (in ha)
20000.0
Size under contract (leased or purchased area, in ha)
[2009] 10000
Size in operation (production, in ha)
[2009] 8000
[2010] 7790
Comment on land area
As of 2012, the company intends to extend by 11,700 hectares more.

Intention of investment

Intention of investment
Biofuels, Food crops, Agriculture unspecified (20000 ha)
Comment on intention of investment
According to sources, the company also provide electricity as a service to Lao through its biomass power plant (The Straits Times, 2017).

Nature of the deal

Nature of the deal
Concession
Pure contract farming

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)

Implementation status

Implementation status
[2008] In operation (production)

Leasing fees

Annual leasing fee
6
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha

Contract farming

Contract farming
Yes
On leased / purchased area
Yes

Contract #1

Duration of the agreement (in years)
40

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
[2009] 5000
Comment on jobs created (domestic)
In 2012, it has been reported that the company hires as many as 7,000 during the harvest period and as little as 4,200 during non-harvest period.

Operating company

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Publication title
Foreign Direct Investment (FDI) in Land in the Lao PDR
Date
2009-01-01
Comment on data source
Contains general details of the company's investment in Lao in 2009.

Data source #2

Data source type
Research Paper / Policy Report
File
Publication title
Status of Biofuel in GMS
Date
2008-12-04
Comment on data source
States that Mitr Phol Group has 48,000 acres of land for sugarcane plantation.

Data source #3

Data source type
Media report
File
Publication title
Sweet Success Ahead
Date
2010-02-08
Comment on data source
Documents the company's ventures in Laos in 2010.

Data source #4

Data source type
Research Paper / Policy Report
File
Publication title
Mitr Phol Sugar Corporation Ltd
Date
2014-01-29
Comment on data source
Provides general information about the company.

Data source #5

Data source type
Research Paper / Policy Report
File
Publication title
The Impacts of Contract Farming on Rural Farm Households, Lao PDR
Date
2013-09-24
Comment on data source
Documents that in 2013, at least 7517 hectares are owned by the company. It also states that the company received 10,000 hectares of concession land from the government.

Data source #6

Data source type
Research Paper / Policy Report
File
Publication title
Business Models for Foreign Investment in Agriculture In Laos
Date
2012-01-01
Comment on data source
Provides wide range of information about the company.

Data source #7

Data source type
Media report
File
Publication title
Mitr Phol growing in Laos
Date
2015-05-29
Comment on data source
Cites Mitr Phol's plans to expand further its business in Laos.

Data source #8

Data source type
Media report
File
Publication title
Mitr Phol maximising use of land, facilities to attain sweet success
Date
2017-08-11
Comment on data source
One of the sources that state that the company engage in biofuel production and produces electricity through its biomass power plant.

Detailed crop, animal and mineral information

Crops area
[2012] Sugar Cane (7790 ha)
Crops yield
[2012] Sugar (unspecified) (37000 tons)
Crops export
[2012] Sugar (unspecified) (95 %)
Comment on crops
As of 2012: "Crushing volume in 2009/10 of 366,000 tons for raw sugar output of 37,000 tons and refined sugar output of 1,500 tons" As of 2015, the company intends to double its yield.

Use of produce

Has domestic use
Yes
Domestic use
5
Has export
Yes
Export
95
Comment on use of produce
The product is exported to the EU.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Sugar production

Feb. 16, 2020, 5:55 p.m.

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April 2, 2014, 7:01 p.m.

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April 2, 2014, 7 p.m.

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May 13, 2013, 1:18 a.m.

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Feb. 15, 2013, 4:59 p.m.

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