Deal #3805

Vietnam
Created at
2013-06-14
Last update
2022-03-18
Last full update
2022-03-18

Land area

Size under contract (leased or purchased area)
  • [1996-01-01] 4600 ha
  • [2003-01-01, current] 13000 ha
Size in operation (production)
  • [2004-01-01, current] 13500 ha

Intention of investment

Intention of investment
  • [current] Timber plantation for wood and fiber

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1993-01-01, current] Concluded (Contract signed)
Comment on negotiation status
First license was secured in 1993, "as of August 2003, [Vijachip; primary investor] had secured an area exceeding 13,000 ha through the Vinafor partners" (http://www.cifor.org/publications/pdf_files/research/governance/foresttrade/Attachment7-KBarney-VietnamReport.pdf , p. 33)

Implementation status

Implementation status
  • [1993-01-01, current] In operation (production)
Comment on implementation status
The project is still in operation. See: https://goviet.org.vn/bai-viet/thi-truong-dam-go-viet-nam-lien-ket-de-thuc-day-phat-trien-8720

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Comment on contract farming
Own plantation area is not enough; 5 partners also source from small farmers (50-60% of their supply)