CRD Co. Ltd #47471
Created at
2025-08-14
Last update
2026-07-16
2 Parents (Involvements as child)
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Comment
While not a direct investor in CRD, IFC’s involvement is notable. IFC’s investment fund exposure to HAGL meant it had a financial link to the project, prompting a 2014 CAO complaint. The connection brought IFC performance standards into play, pressuring HAGL/CRD to address social issues
~5% indirect equity in HAGL (approximate; IFC invested in Vietnam Enterprise Investments Ltd., which held HAGL shares)
ID
Name
Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico)
Country of registration/origin
Vietnam
Classification
Stock-exchange listed company
Relationship
Parent company
Comment
Parent company for HAGL’s plantations. In 2017, HAGL Agrico reported CRD Co. Ltd as a wholly-owned subsidiary with a charter capital of USD 57 million for rubber operations. HAGL Agrico itself is part of the Hoang Anh Gia Lai conglomerate, and in late 2010s Truong Hai (THACO) became a major shareholder
0 Children (Involvements as parent)
2 Deals (Involvements as Operating company)
ID
Target country
Cambodia
Current intention of investment
Non-food agricultural commodities
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
7 591 ha
ID
Target country
Cambodia
Current intention of investment
Non-food agricultural commodities
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
5 905.09 ha