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Asia World Agriculture Development (Cambodia) Co.; Ltd, Concession, 2006 [English and Khmer versions]
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Arbitration and dispute resolution

In case of dispute during the execution of this agreement, the government and Asia World Agricultural Development shall mediate and... more

Page 5 ( Art. 11 )

Assignment or transfer

Asia World Agriculture Development is entitled to make a transfer to its successors. Legal successors are individuals who have been... more

Page 3 ( Art. 5 )

Cancellation or termination

If Asia World Agricultural Development faces a situation beyond its control it can terminate the contract with the approval of... more

Page 5 ( Art. 10.1 , Art. 10.3 ), Page 7 ( Art. 18 )

Corporate headquarters

No 1159, National road No2. Chak Angrai Leu Quarter, Mean Chhay District Phnom Penh

Page 1 ( Preamble )

Country

Cambodia

Page 1 ( Preamble )

Custom duties

Machinery equipment, spare parts and chemical materials that are imported for the purpose of business production will incur additional taxes according to the laws of Cambodia

Page 4 ( Art. 7.9 )

Date - contract signature

15 March 2006

Page 7 ( Art. 18 )

Environmental monitoring

The government has the right and obligation to monitor the environmental impact of the project

Page 4 ( Art. 6.3 )

Environmental protections

Asia World Agricultural Development has the right ad obligation to implement business activities such as forest clearance, road construction, cultivation... more

Page 4 ( Art. 7.6 )

Governing law

The contract shall be governed by the laws of Cambodia

Page 6 ( Art. 13 )

Hardship clause or force majeure

If Asia World Agricultural Development is not able to perform its duties under the contract in part or in whole... more

Page 6 ( Art. 15 )

Income tax: rate

Asia World Agricultural Development shall pay other taxes in accordance with the law in force in Cambodia

Page 3 ( Art. 4.4 )

Infrastructure

Asia World Agricultural Development shall be allowed to carry out all construction activities on the location in accordance with the... more

Page 5 ( Art. 8 )

Language

The contract has been made both in Khmer and English. In the event of discrepancy, the Khmer language version will prevail.

Page 6 ( Art. 17 )

Local employment

Asia World Agricultural Development must use local labor force in the event that there is no Khmer expert available, the... more

Page 4 ( Art. 7.4 )

Location

Sambour district, Kratu province.

- X:632000 - Y:1430000
- X:633000 - Y:1422000
- X:651000 - Y:1422000
- X:651000 - Y:1430000

Page 1 ( Art. 1 ), Page 2 ( Art. 1 )

Name of company executing document

Asia World Agricultural Development (Cambodia) Co; Ltd

Page 1 ( Preamble )

Other - financial/fiscal

Asia World Agricultural Development shall pay a deposit of USD$ 1 dollar per hectare of the total area to guarantee... more

Page 3 ( Art. 4.1 )

Physical security or protection of property

The government has the right and obligation to intervene to address any problem involving those who commit offenses and violate... more

Page 4 ( Art. 6.1 )

Protections or benefits for employees, dependents, or others

Asia World Agricultural Development has the right and obligation to focus on the livelihood, health and education of its employees,... more

Page 4 ( Art. 7.5 )

Renewal or extension of term

1 year prior to the expiration of the contract, Asia World Agriculture Development may ask to renew the investment. This... more

Page 2 ( Art. 2.2 )

Resettlement

Within the concession land, the land that is legally owned by local residents is not available for Asia World Agriculture... more

Page 2 ( Art. 1.2 ), Page 3 ( Art. 3.2 ), Page 4 ( Art. 6.2 )

Resource(s)

Teak tree (Tectona grandis), other crops

Page 1 ( Art. 1 ), Page 3 ( Arts. 3.1.1-3.1.2 )

Sacred, cultural, or historical sites

National and cultural heritage sites such as mountains, reservoirs, forests and protected areas shall be executed from the company's use... more

Page 2 ( Art. 1.3 ), Page 6 ( Art. 16 )

Signatories, company

Mr Wan Ylu Ming, Director, Asia World Agricultural Development (Cambodia) Co.; Ltd

Page 1 ( Title )

Size of concession area

10,000 hectares

Page 1 ( Art. 1 ), Page 2 ( 1 )

State agency, national company or ministry executing the document

The Ministry of Agriculture, Forestry and Fisheries

Page 1 ( Title )

Surface fees or rent

Asia World Agricultural Development shall pay the land fee annually according to the concessionary land rate defined by the government and competent institutions. The fee shall be paid annually.

Page 3 ( Art. 4.2 )

Term

70 years

Page 2 ( Art. 2.1 )
Loading...
Metadata

Country

Cambodia

Signature Year

2006

Resource

Other crops | Teak (Tectona grandis)

Type of Document

Contract

Open Contracting Identifier

ocds-591adf-4127834210

Disclosure Mode

Online - Open Development Mekong

This document has missing annexes

Land Matrix ID

-

More from

Cambodia

More for

Other crops | Teak (Tectona grandis)

This site provides summaries of contracts and their terms to facilitate understanding of their important provisions. These summaries are not interpretations of the documents. Neither the summaries nor the full contracts are complete accounts of all legal obligations related to the projects in question. This site also includes document text that was created automatically; such text may contain errors and differences from the original PDF files. No warranty is made to the accuracy of any content on this website.

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