Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3382
Deal #3382 Version #60482
Vietnam
Created at
2013-03-12
Last update
2015-04-01
Last full update
2022-03-18
Land area
Size under contract (leased or purchased area)
- [2010, current] 65000.0 ha
Comment on land area
This is just one of 6 concessions of the company in Vietnam. Altogether the concessions of the company amount to 349,000 ha.
Intention of investment
Intention of investment
- [current] Timber plantation for wood and fiber
Comment on intention of investment
Material forest plantation for Processing mills in Kon Tum province
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2008, current] Concluded (Contract signed)
Comment on negotiation status
Investment License (No. 381043000001) issued by Kon Tum Provincial People's Committee on March 10th, 2008; plantation in Sa Thầy, Tu Mơ Rông, Đăk Tô, Đăk Hà, Đăk Glie districts has been approved by Province People Committee for plantation (as of 2nd quarter, 2010)
Implementation status
Implementation status
- [2008] Startup phase (no production)
- [2010, current] Project abandoned
Comment on implementation status
Project has been temporarily abandoned/halted, since parts of the concession are located in areas that are “sensitive to the national security and defense” (http://www.vir.com.vn/forest-projects-facing-the-axe.html).