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Heng Yue (Cambodia) International Company Limited, Concession, 2011
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Arbitration and dispute resolution

The parties should attempt to resolve any dispute through negotiation; If parties do not resolve the dispute within 2 months,... more

Page 11 ( Art. 23 )

Assignment or transfer

Heng Yue (Cambodia) International Company cannot transfer their interest in the contract to a third party until they have executed... more

Page 8 ( Art. 10 )

Cancellation or termination

Termination will occur: (a) at the conclusion of the duration of the contract; or (b) by agreement of both parties.... more

Page 9 ( Art. 12 )

Community consultation

Heng Yue (Cambodia) International Company's master plan must be supported by local authorities and communities

Page 5 ( Art. 6.2 )

Date - contract signature

08/11/2011

Page 1 ( Preamble )

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... more

Page 4 ( Art. 3 )

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... more

Page 6 ( Art. 6.2 )

Environmental protections

Heng Yue (Cambodia) International Company should carry out the planned works, including land clearance, road construction and land utilization by... more

Page 6 ( Art. 6.2 )

Governing law

The contract is governed by the laws of the Kingdom of Cambodia

Page 11 ( Art. 22 )

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

Page 3 ( Art. 2 )

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... more

Page 10 ( Art. 16 )

Infrastructure

Heng Yue (Cambodia) International Company takes responsibility to bear all capital expenses

Page 6 ( Art. 6.2 )

Local development agreement

Heng Yue (Cambodia) International Company must ensure that people living in the investment zone benefit from the project, including the... more

Page 6 ( Arts. 6.2 and 11(b) )

Local employment

Heng Yue (Cambodia) International Company must use a local labor force; If there are no local experts available, Heng Yue... more

Page 6 ( Art. 6.2 )

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

Page 2 ( Art. 1.1 )

Name of company executing document

Heng Yue (Cambodia) International Company Limited

Page 1 ( Preamble )

Name of field, block, deposit or site

8,959 hectares at State Private Land at Chhaeb district, Preah Province

Page 1 ( Preamble )

Other - operational

Heng Yue (Cambodia) International Company must prepare a master plan for the plantation and submit it to the Ministry of... more

Page 3 ( Arts. 1.3 and 6.2 )

Outgrowers Program

Heng Yue (Cambodia) International Company must ensure that people living in the investment zone benefit from the project, including through... more

Page 6 ( Art. 6.2 )

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... more

Page 6 ( Art. 6.2 )

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... more

Page 4 ( Art. 4 )

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

Page 7 ( Art. 6.2 )

Resettlement

Heng Yue (Cambodia) International Company must resolve any issue regarding resettlement in accordance with effective procedures within 1 year from... more

Page 3 ( Arts. 2 and 7.2 )

Resource(s)

Acacia and sugar cane

Page 2 ( Art. 1.1 )

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... more

Page 7 ( Arts. 8.2 - 8.4 )

Signatories, company

Xie Kanxing

Page 2 ( Preamble )

Signatories, State

H. E. Chan Sarun

Page 2 ( Preamble )

Size of concession area

8,989 hectares

Page 2 ( Art. 1.1 )

State agency, national company or ministry executing the document

Ministry of Agriculture, Forestry and Fisheries

Page 2 ( Preamble )

Surface fees or rent

Land concession fees will be collected. For acacia, the first 5 years of fees are waived. From year 6 Heng... more

Page 8 ( Arts. 6.2, 9.1 and 9.2 )

Term

70 years

Page 4 ( Art. 4 )

Type of contract

Concession

Page 2 ( Art. 1.1 )

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;... more

Page 3 ( Art. 1.3 )
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Metadata

Country

Cambodia

Signature Year

2011

Resource

Acacia | Sugarcane

Type of Document

Contract

Open Contracting Identifier

ocds-591adf-2943220081

Disclosure Mode

Online - Farmlandgrab.org

Land Matrix ID

#3526

More from

Cambodia

More for

Acacia | Sugarcane

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