Arbitration and dispute resolution
The parties should attempt to resolve any dispute through negotiation; If parties do not resolve the dispute within 2 months,...
Assignment or transfer
Heng Yue (Cambodia) International Company cannot transfer their interest in the contract to a third party until they have executed...
Cancellation or termination
Termination will occur: (a) at the conclusion of the duration of the contract; or (b) by agreement of both parties....
Community consultation
Heng Yue (Cambodia) International Company's master plan must be supported by local authorities and communities
Date of issue of title/permit
The Ministry of Agriculture, Forestry and Fisheries will issue a letter stating the area of land over which Heng Yue...
Environmental impact assessment and management plan
Heng Yue (Cambodia) International Company must coordinate with the Ministry of Agriculture, Forestry and Fisheries and relevant institutions in monitoring...
Environmental protections
Heng Yue (Cambodia) International Company should carry out the planned works, including land clearance, road construction and land utilization by...
Grievance mechanisms
Heng Yue (Cambodia) International Company must resolve any issue regarding resettlement in accordance with effective procedures within 1 year from the date of signing the contract
Hardship clause or force majeure
A party's failure to fulfill the contract will not lead to an obligation to compensate the other party if that...
Infrastructure
Heng Yue (Cambodia) International Company takes responsibility to bear all capital expenses
Local development agreement
Heng Yue (Cambodia) International Company must ensure that people living in the investment zone benefit from the project, including the...
Local employment
Heng Yue (Cambodia) International Company must use a local labor force; If there are no local experts available, Heng Yue...
Location
A:X:532042 Y:1526969 F:X:547901 Y:1523708 B:X:545630 Y:1526969 G:X:538010 Y:1523719 C:X:546541 Y:1531260 H:X:538010 Y:1520521 D:X:557679 Y:1531279 I:X:531608 Y:1521110 E:X:557360 Y:1526546 J:X:532044 Y:1521601
Name of company executing document
Heng Yue (Cambodia) International Company Limited
Name of field, block, deposit or site
8,959 hectares at State Private Land at Chhaeb district, Preah Province
Other - operational
Heng Yue (Cambodia) International Company must prepare a master plan for the plantation and submit it to the Ministry of...
Outgrowers Program
Heng Yue (Cambodia) International Company must ensure that people living in the investment zone benefit from the project, including through...
Protections or benefits for employees, dependents, or others
Heng Yue (Cambodia) International Company should consider improving the livelihood, health and education of its employees, workers and their families...
Renewal or extension of term
The contract can be extended if: a. extension is needed to complete remaining works or suspension of the process because...
Reporting requirements
Heng Yue (Cambodia) International Company must prepare semestral (6 monthly) and annual reports on the progress and achievements of the implementation of the investment project
Resettlement
Heng Yue (Cambodia) International Company must resolve any issue regarding resettlement in accordance with effective procedures within 1 year from...
Sacred, cultural, or historical sites
Mineral resources and national heritage objects found under or above ground are the property of the government, and Heng Yue...
State agency, national company or ministry executing the document
Ministry of Agriculture, Forestry and Fisheries
Surface fees or rent
Land concession fees will be collected. For acacia, the first 5 years of fees are waived. From year 6 Heng...
Work and investment commitments
Land will be allocated by year as follows: Year 1; 1,000 hectares; Year 2: 1,000 hectares; Year 3: 1,500 hectares;...