Please note: you are viewing an old version of this deal. The current version can be found here: Deal #8058
Deal #8058 Version #82167
Lao PDR
Created at
2020-07-01
Last update
2021-11-09
Last full update
2022-08-17
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
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
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
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
Implementation status
- [1990, current] In operation (production)
Contract farming
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)