Deal #542
Vietnam
Created at
2013-02-15
Last update
2022-03-17
Last full update
2022-03-17
Land area
Intended size
13 000 ha
Size in operation (production)
- [2010-01-01, current] 9777 ha
Comment on land area
*Area of production forest classified as “plantation”: 9502.06
Intention of investment
Intention of investment
- [current] Timber plantation for wood and fiber
Comment on intention of investment
The company mainly plants acacia to make wood chip.
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
*Decision No.621/TTg dated 29 September 1995, Decision No. 183/QD-TTg dated 21 March 1998
Negotiation status
Negotiation status
- [1994-01-01, current] Concluded (Contract signed)
Comment on negotiation status
By 2001 company received 62% of the land for plantations
Implementation status
Implementation status
- [2002-01-01, current] In operation (production)
Comment on implementation status
By 2001 company received 62% of the land for plantations
Leasing fees
Annual leasing fee
1
$
per haComment on leasing fee
The fee paid is calculated on the basis on the annual area harvested (AAH) x $10, plus a unit land fee fixed at $1 per ha for the full area planted. (See https://agritrop.cirad.fr/550308/1/document_550308.pdf)
*The unit land lease fee (regardless of area harvested) is fixed at US$1/ha/year So the calculation of the lease, based on their planting program, will be between US$1,200-1,500 in 2002, increasing each year by the additional amount which has been harvested, up to a maximum total of US$10,000 per year by 2008.
Contract farming
Contract farming
No