Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3554

Deal #3554 Version #89365

Cambodia

Created at

2013-05-08

Last update

2023-02-01

Last full update

2024-06-18

Land area

Intended size

34 007 ha

Size under contract (leased or purchased area)

[2011, current] 34007 ha

Comment on land area

"some parts of the project area show a degraded forest, partly because two logging concessions were previously granted in the area. Yet, large tracks of the concession are covered with diverse natural forests, now being cut down to establish a monoculture forest plantation. The project claims to improve the environment through reforestation, even though the biodiversity and ecological functions of tree plantations cannot match those of natural forest" (Scheidel, Work, 2018:10)

Intention of investment

[current] Timber plantation for wood and fiber, For carbon sequestration/REDD

Comment on intention of investment

The objective was to pursue an Afforestation/Reforestation (A/F) project

Nature of the deal

Lease, Concession

Comment on nature of the deal

This concession was granted to the private Korean company Think Biotech Co. Ltd in 2012 by the Cambodian Government with the aim to restore a ‘degraded’ forest at the edge of the bio-diverse Prey Lang Forest. This is what could be called a 'green' form of land-grabbing.

Negotiation status

[2011, current] Concluded (Contract signed)

Implementation status

[2012] Startup phase (no production)
[2017, current] In operation (production)