Deal #3949

Location #1

Spatial accuracy level
Administrative region
Location
Savannakhet, Laos

Target country
Lao PDR
Comment on location
Muang Phin and Se Phon (?) provinces

Land area

Intended size (in ha)
20000.0
Size under contract (leased or purchased area, in ha)
[2007] 8650

Intention of investment

Intention of investment
Non-food agricultural commodities, Forestry unspecified

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
the source just states "Viet Nam and Laos on May 9 signed a contract to grow rubber, other industrial crops and build a rubber-processing factory..." (http://www.isgmard.org.vn/News.asp?Status=1&InfoID=490 )

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)

Implementation status

Implementation status
[2014] In operation (production)
Comment on implementation status
"The FSC suspended the company in November 2013 because of accusations that it had grabbed land from villagers in Laos and Cambodia, but reinstated it in September 2014." - https://www.eco-business.com/news/forest-management-group-strips-vietnamese-rubber-company-of-certification/

Contract #1

Contract date
2007-05-09
Duration of the agreement (in years)
30

Number of total jobs created

Jobs created (total)
Yes
Current number of jobs (total)
2300

Number of jobs for foreigners created

Jobs created (foreign)
Yes
Current number of jobs (foreign)
230

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
2070

Operating company

 

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Data source #1

Data source type
Media report
File

Data source #2

Data source type
Media report
File
Date
2012-12-10

Data source #3

Data source type
Media report
File
Date
2006-10-05

Data source #4

Data source type
Media report
File

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Presence of land conflicts

Presence of land conflicts
Yes

Displacement of people

Displacement of people
Yes

Negative impacts for local communities

Negative impacts for local communities
Displacement

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
none
Received compensation (e.g. for damages or resettlements)
none

Promised benefits for local communities

Promised benefits for local communities
Education
Roads
Other
Comment on promised benefits for local communities
Houses

Presence of organizations and actions taken (e.g. farmer organizations, NGOs, etc.)

Presence of organizations and actions taken (e.g. farmer organizations, NGOs, etc.)
The US-based Forest Stewardship Council (FSC) suspended all operations under the company in 2013-2014.

Detailed crop, animal and mineral information

Crops area
Accacia, Rubber tree

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Rubber latex processing

June 12, 2020, 8:57 a.m.

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July 20, 2015, 12:11 p.m.

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April 22, 2014, 1:18 p.m.

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April 22, 2014, 1:15 p.m.

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April 22, 2014, 1:14 p.m.

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Aug. 1, 2013, 8:30 p.m.

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Aug. 1, 2013, 8:30 p.m.

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