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Economic Land Concession

 


Company Profile

Company Identity

 

Name:

Global Tech Sdn., Bhd, Rama Khmer International and Men Sarun Friendship

 

Nature:

Local Company

 

Address of Local Office:

# 12 Eo, Mao Tse Tong Blvd, Sangkat Tonle Bassac, Khan Chamkarmorn, Phnom Penh, Cambodia

 

Name and Nationality of Director:

Mr. Men Sarun, Khmer

 

Company Registration:

Registered

 

Legal Papers and Right for Investment

 

 

  • Letter No. 150/99 KHP dated 22 July 1998, on proposal for signing contract with Ministry of Agriculture, Forestry and Fisheries on land area of 20,000 hectares located in Ratanakiri Province by Global Tech Sdn, Bhd, Rama Khmer International and Men Sarun Friendship.
  • Letter No. 1453 SCN.PS dated 21 September 1995, Council of Minister, on permission for providing land concession 20,000 hectares located in Ratanakiri Province.
  • Letter No. 549 LAKH dated 15 September 1999, Ratanakiri Provincial Hall.
  • Letter No. 50 SBT dated 08 November 1999, Royal Government of Cambodia.
  • Signed contract with Ministry of Agriculture, Forestry and Fisheries on 21 December 1999.

 

Land Area

 

 

20,000 hectares

 

Location of Land Site

 

 

Oyadao District, Ratanakiri Province

 

Coordinates

 

 

A:756900-1513000, B:765000-1522250, C:770000-1517245, D:773000-1519000, E:777000-1507000, A':757850-1570000

 

Purpose of Investment

 

 

Oil palms, Coffee and additional crops

 

Duration of Contract

 

 

70 years (Seventy Year)

 

Land Utilization Plan

 

 

8 years:

  • year 1 : 1,500 hectares
  • year 2 : 1,500 hectares
  • year 3 : 2,000 hectares
  • year 4 : 2,000 hectares
  • year 5 : 3,000 hectares
  • year 6 : 3,000 hectares
  • year 7 : 3,500 hectares
  • year 8 : 3,500 hectares

 

Progress of Implementation after Signing Contract

 

  • Under feasibility study on palm oil and coffee plantation.

 

  • Master plan have been approved in 04 December 2006.

 

  • Company is under preparation for implementation following master plan

 

  • December 2007, working group from Ministry cutting out 3,000 hectares that more than approved by the Ministry.

 

 

 

Measures of Ministry of Agriculture, Forestry and Fisheries

 

 

 

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