Deal #3973
Lao PDR
Created at
2013-08-01
Last update
2022-03-15
Last full update
2022-03-15
Land area
Size under contract (leased or purchased area)
- [2012, current] 4897.54 ha
Comment on land area
Company annual report 2012 states "lease right and attached assets 4,897.54 hectares in Attapeu and Sekong, Lao People’s Democratic Republic held by Hoang Anh - Quang Minh Rubber Industrial and Agricultural Co., Ltd."
From Miles Kenney-Lazar's study: there is 3,000 ha in Attapeu province and 2,000 ha in Sekong province. Land use right of 3 land plots 1,001.78 ha at Laman District, Sekong Province, Laos and all related assets belonged to breeding cows and import cows project [HAGL Annual report 2018]. There is unclear information which subsidiary of HAGL that planning to plant banana for 1,000 ha in Attapeu province [ Stock Biz, 2021]
Intention of investment
Intention of investment
- [current] Non-food agricultural commodities
Comment on intention of investment
"The first generation of rubber trees has produced latex in 2012, and the first latex processing plant, with a capacity of 25,000 tons/year, has come into operation"
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2007, current] Concluded (Oral Agreement)
Implementation status
Implementation status
- [2013, current] In operation (production)
Comment on implementation status
HAGL announced at an extraordinary general meeting that it would sell 100 percent of Hoang Anh Quang Minh Rubber Company to Thadi, a subsidiary of Truong Hai Auto Corporation [VN Express, 2021].