Deal #6350
Lao PDR
Created at
2014-05-09
Last update
2023-06-08
Last full update
2022-03-20
Land area
Intended size
10 000 ha
Size under contract (leased or purchased area)
- [2007, current] 80000 ha
Size in operation (production)
- [current] 8000 ha
Comment on land area
The company received its concession contract in 2006 for a total of 8,658 ha in Phin, Xepon, and Nong districts of Savannakhet
Intention of investment
Intention of investment
- [current] Non-food agricultural commodities, Forestry unspecified
Comment on intention of investment
Rubber plantation
Nature of the deal
Nature of the deal
Concession
Negotiation status
Negotiation status
- [2007, current] Concluded (Contract signed)
Comment on negotiation status
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 )
Implementation status
Implementation status
- [2014, current] In operation (production)
Comment on implementation status
According to the company, they have invested approximately US$33 million in planting rubber trees on 6,672 hectares of land in Savannakhet province (in 2014)
Looking at google earth imagery in 2019 it looks like this deal might be abandoned (plantations look fallow).
Leasing fees
Annual leasing fee
300 000
Annual leasing fee area
30 ha