Please note: you are viewing an old version of this deal. The current version can be found here: Deal #544

Deal #544 Version #47637

Vietnam

Created at

2013-02-15

Last update

2020-02-21

Last full update

2022-03-17

Land area

Size under contract (leased or purchased area)

[2010, current] 36000.0 ha

Comment on land area

This is just one of 6 investment projects of the company in Vietnam. Altogether the concessions of the company in all of Vietnam amount to 349,000 ha.

Intention of investment

[2010, current] Timber plantation for wood and fiber (36000.0 ha)

Nature of the deal

Lease

Negotiation status

[2008, current] Concluded (Contract signed)

Comment on negotiation status

February 2008

Implementation status

[2014, current] In operation (production)

Comment on implementation status

Only some parts of the roject has been temporarily abandoned/halted, since parts of the concession are located in areas that are “sensitive to the national security and defense” (http://www.vir.com.vn/forest-projects-facing-the-axe.html). However, the company is still alllowed to continue its project in the remaining area.