Deal #3374

Vietnam
Created at
2013-03-12
Last update
2022-03-18
Last full update
2022-03-18

Land area

Size under contract (leased or purchased area)
  • [2013, current] 30 ha
Size in operation (production)
  • [2016, current] 44 ha
Comment on land area
Raw material is supplied by contract farmers (from their own fields). The company raises a 10 ha model farm in the factory and demonstration fields over 20 ha in communes.

Intention of investment

Intention of investment
  • [current] Biomass for biofuels

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2012] In operation (production)
  • [2013, current] Project abandoned
Comment on implementation status
“Considered as one of 12 weak and loss-making projects of the Industry and Trade industry. The project is still in a state of disrepair despite having undergone a period of poor handling. Completion and be in commercial operation from April 2012 to April 2013, the project stopped production due to difficulties in the output product market leading to losses. See: https://baodautu.vn/nha-may-nhien-lieu-sinh-hoc-binh-phuoc-lo-luy-ke-1450-ty-dong-d122891.html

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 20000
Comment on contract farming
cassava shall be collected mostly from Binh Phuoc (concentrating in 9 communes around Thac Mo lake, in three districts Bu Dang, Bu Dop and Bu Gia Map), partially from Dak Nong and Cambodia