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Deal #8058 Version #82167

Lao PDR

Created at

2020-07-01

Last update

2021-11-09

Last full update

2024-11-05

Land area

Intended size

15 000 ha

Size under contract (leased or purchased area)

[2018, current] 8400.0 ha

Size in operation (production)

[current] 4000.0 ha

Comment on land area

First contract signed in 1990. The proposed funding will be used for CAPEX of the plywood mill and expansion of plantations from 3,540 ha to 7,000 ha by the end of 2019.

Intention of investment

[2018, current] Timber plantation for wood and fiber (8400.0 ha)

Comment on intention of investment

Timber plantation in Agro-Forestry system

Nature of the deal

Lease

Comment on nature of the deal

BAFCO has acquired the land from the village and individuals and is based upon a 30-year concession agreement with a 20-year extension while the concession with the Government of Laos is a 50-year concession with 25 year extension (source: Phimmavong et al. 2019)

Negotiation status

Concluded (Contract signed)
[2011] Concluded (Change of ownership)
[1990, current] Concluded (Contract signed)

Comment on negotiation status

In 2011 Burapha Agro-Forestry was acquired by Silvicapital through their subsidiaries SilviLao AB and Bafco AB. Original contract was signed in 1990.

Implementation status

[1990, current] In operation (production)

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

In accordance with Burapha’s Outgrower Scheme Policy, Burapha will provide opportunities for communities and individuals to establish their own plantations in collaboration with Burapha (source: buraphawood.com)