Deal #3907

Land area

Intended size

3 000 ha

Size under contract (leased or purchased area)

[2010, current] 3000 ha

Size in operation (production)

[2013] 1857 ha
[2012] 1500 ha
[2015, current] 1900 ha

Comment on land area

This info is given by the company; according to another source, it "plans to expand its acreage in Laos to 5,000 hectares from the 2,200 hectares currently in production" (http://farmlandgrab.org/post/view/21183) In 2018, company was planning to expand the new plantation. The company had sent a new proposal to the government to approve the additional land concession of 1,500 hectares [We are Laos, 2018].

Intention of investment

[2015, current] Food crops (1900 ha)

Nature of the deal

Concession

Negotiation status

[2010, current] Concluded (Contract signed)

Comment on negotiation status

There is also the opportunity to expand the concession.

Implementation status

[2010] Startup phase (no production)
[2012, current] In operation (production)

Contract farming

Yes