| Deal #5201 | Version 71364 | Version 86134 |
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General info | ||
| Size under contract (leased or purchased area) |
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| Size in operation (production) |
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| Comment on land area | The area of 16,726 ha in 33 communes of 8 districts, town of Phu Yen, among which, till the year 2011, totally 2,241 ha of forests has been planted.
(Source: phuyennewsvneconomy-investment0804906505106044.pdf)
http://english.thesaigontimes.vn/20915/Afforestation-joint-venture-formed-in-Phu-Yen.html
http://www.truongthanh.com/ttf-lien-doanh-voi-nhat-trong-rung-kinh-te-o-phu-yen-.html
The initial goal of the joint venture is to develop nearly 18,000 ha of forest in Phu Yen, but they also have plans to expand the plantation to 40,000 hectares in the province.
Source:
https://english.thesaigontimes.vn/25246/Wood-firms-find-it-difficult-to-plant-forests.html | The area of 16,726 ha in 33 communes of 8 districts, town of Phu Yen, among which, till the year 2011, totally 2,241 ha of forests has been planted. The initial goal of the joint venture is to develop nearly 18,000 ha of forest in Phu Yen, but they also have plans to expand the plantation to 40,000 hectares in the province.
(Source: https://thesaigontimes.vn/lien-doanh-voi-nhat-trong-rung-kinh-te-o-phu-yen/
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| Intention of investment |
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| Comment on intention of investment | Truong Thanh Oji Afforestation Co. Ltd. (TTO) has a total investment capital of almost $24 million (equivalent to 455 billion dongs).
(source: https://phuyennewsvneconomy-investment0804906505106044.pdf) | Truong Thanh Oji Afforestation Co. Ltd. (TTO) has a total investment capital of almost $24 million (equivalent to 455 billion dongs).
(source: https://thesaigontimes.vn/lien-doanh-voi-nhat-trong-rung-kinh-te-o-phu-yen/) |
| Comment on nature of the deal | The project enjoys some privileges in land lease rate, import-export tax. Nevertheless, the joint venture is not allowed to directly rent investment land but through Truong Thanh group.
(source: phuyennewsvneconomy-investment0804906505106044.pdf) | The project enjoys some privileges in land lease rate, import-export tax. Nevertheless, the joint venture is not allowed to directly rent investment land but through Truong Thanh group.
See: http://ipcphuyen.gov.vn/tin-tuc-va-su-kien/tin-khac/576-Trong-rung-nam-2020-o-Phu-Yen:-Tap-trung-dau-tu-de-mang-lai-hieu-qua-cao.html |
| Comment on negotiation status | Vietnam’s Truong Thanh Furniture Corporation holds 51% stake, while the Japanese-owned Oji Paper Co. Ltd. holds 49%.
(source: https://englishthesaigontimesvn20915afforestation-joint-venture-formed-in-phu-yenhtml.pdf) | Vietnam’s Truong Thanh Furniture Corporation holds 51% stake, while the Japanese-owned Oji Paper Co. Ltd. holds 49%.
(source: https://vneconomy.vn/ttf-lap-lien-doanh-trong-rung-voi-nhat-ban.htm) |
Employment | ||
Investor info | ||
Local communities / indigenous peoples | ||
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Produce info | ||
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Overall comment | ||
| Overall comment | Some data sources have broken link. | |
Meta | ||
| Fully updated | No | Yes |
Locations | ||
Location #XrscbtyI | ||
| Comment | 33 communes of 8 districts, town of Phu Yen
The project will be executed in eight districts, focusing on mountainous areas
(source: https://landmatrix.org/media/uploads/englishthesaigontimesvn20915afforestation-joint-venture-formed-in-phu-yenhtml.pdf) | 33 communes of 8 districts, town of Phu Yen
The project will be executed in eight districts, focusing on mountainous areas
(source: https://landmatrix.org/media/uploads/englishthesaigontimesvn20915afforestation-joint-venture-formed-in-phu-yenhtml.pdf). |
Data sources | ||
Data source #yhW88Qyb | ||
| File | ||
| Url | ||
| Publication title | Introducing Truong Thanh OJI Forest Planting Company Ltd. | Liên doanh với Nhật trồng rừng kinh tế ở Phú Yên |
| Date | 2011-12-17 | 2011-12-14 |
| Comment on data source | Truong Thanh OJI Forest Planting Company Ltd was issued its investment certificate in a ceremony held in Phu Yen. This joint project of Vietnam and Japan aims to plant trees of half-bred gelatine, sua, and also other trees allowed by the Ministry of Agriculture and Rural Development. | the goal of the joint venture is to plant, renovate and take care of 17,890 hectares of forest in 33 communes in 8 districts of Phu Yen.
TTO has a charter capital of more than 7 million USD, of which Truong Thanh contributes 51% capital, the rest is Oji of Japan and currently, 2 partners have fully contributed the charter capital.
Intended size: 40.000 |
Data source #8on6QDOw | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Exploit the agricultural strength in international economic integration | |
| Date | 2015-04-21 | |
| Comment on data source | Vietnam's agricultural exporting capacity significantly increase as it becomes a member of World Trade Organization in 2007. These exports include cashew nuts, wood, fish, sugarcane, and sugar. | |
Data source #cwBIYSrT | ||
| File | ||
| Url | ||
| Publication title | TTF: CBTT liên doanh trồng rừng giữa TTF và Tập đoàn OJI của Nhật Bản | TTF lập liên doanh trồng rừng với Nhật Bản |
| Date | 2011-12-01 | 2011-12-12 |
Data source #OU_entfg | ||
| Url | ||
| Comment on data source | Company overview and 2014 financial statement of Truong Thanh Furniture Corporation. | Company overview and 2014 financial statement of Truong Thanh Furniture Corporation. Cannot find the link, keep the pdf file for reference |
Data source #HA_9Mbfr | ||
| File | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Afforestation joint venture formed in Phu Yen | |
| Date | 2011-12-15 | |
| Comment on data source | Vietnam and Japan forms Truong T hanh Oji Afforestation Co. Ltd., which aims to develop 18,000 hectares of tree plantation for sustainable wood supply. | |
Data source #8JUXZf7v | ||
| File | ||
| Url | ||
| Publication title | Thruong Thanh | Truong Thanh Corporation |
| Date | 2016-12-09 | |
Data source #LzDfFDI1 | ||
| Type | Media report | |
| Url | ||
| Keep PDF not public | No | |
| Publication title | Phú Yên: Có 7 doanh nghiệp đầu tư vốn, công nghệ vào trồng rừng | |
| Date | 2019-08-16 | |
| Comment on data source | list of 7 enterprises investing capital and technology in afforestation in Phu Yen | |
Contracts | ||