Company Hoang Anh Ratanakiri Co., Ltd.
Company profile Hoang Anh Gia Lai is a famous multi-investment group in Laos, Vietnam, Cambodia, and Thailand. The company has operated for a long time in business, investment, and other activities in the societies of those countries. The company operates 26 projects, including construction, real estate investment, stock exchange, rubber plantation, mining, and a hydropower electric dam. Hoang Anh Ratanakiri Co., Ltd. receives the land concession for 260 hectares in Bar Kaev and Ou Ya Dav district, Ratanakiri province, to develop the iron sector and supply the domestic iron demand and export to the foreign market.
Registration investment capital KHR 64,000,000,000
Company registration date 12-Jul-09
Company registration code Co. 6186/09E
Director Mr. Nguyen Van Minh
Director residence Vietnam
Company address National Road No 78, Village 03, Sangkat Labansiek, Ban Lung Municipality, Rattanakiri Province
Type of EIA reports Initial Environmental Impact Assessment
State agency Ministry of Mines and Energy
Site 30 kilometers from Ban Lung Municipality and 8 kilometers from National Road 78
Village Not found
Commune Not found
District Bar Kaev and Ou Ya Dav
Province Ratanakiri
Contract duration 9.5 years
Area size of project 260 hectares
sector Extractive industry
EIA company CES Co., Ltd.
Backgrounds of EIA company Not found
Address of EIAs company Not found
Relevants law This EIA is consistent with 15 legal frameworks, including 6 sub-decrees and one Royal Decree. Law on Environmental Protection and Natural Resources Management, Law on Forestry, Law on Fishery, Law on Public Financial System, Law on Land, Law on Water Resources Management, Law on Investment of the Kingdom of Cambodia, Law on Management and the Law Mining Business, Sub-Decree on Environmental Impact Assessments, Sub-Decree Water Pollution Control, Sub-Decree on Solid Waste Management, Sub-Decree on Controlling Air Pollution and Audio Disturbance, Sub-decree on Investment of the Kingdom of Cambodia, Sub-decree on Economic Land Concessions, Royal Decree on the Establishment and Defining Protected Areas.
Revenues and expenditures The project will utilize a total investment of USD 26,672,451, of which the total investment budget is USD 14,536,607 and operating capital of USD 12,135,844. Revenues from sales of these mineral products totaled USD 47,384,450 in 2011, and product sales from 2012 to 2018 totaled USD 50,000,000.
Social alnd environmental impacts The project has been beneficial, with major objectives such as protecting, preserving, and conserving good forest (mangrove forests) at least 400 acres, contributing to the Royal Government's collection of royalties on mineral resources and forest products. From the exploitation of timber in the semi-evergreen forest of at least 304.40 hectares, the price of land in that area will be higher than the present value. Fix the trail bridges and create jobs for residents.
Employment opportunity The project will help create jobs for Cambodian people, especially local people (among 181 laborers), and improve training programs for these people to be able to work and can also receive overseas training.
Public participation The public participation is the CES team, which conducts surveys and meets with local communities, local authorities, non-governmental organizations, and other relevant institutions to explain the activities of the project on public opinion, about environmental and social issues. Caused by the business activities of the project and collecting concerns, other related socio-environmental problems need to find a solution that would be acceptable for all stakeholders.
Land converted from The project site includes 1,252 hectares of evergreen forest, 1,826 hectares of semi-evergreen forest, 619 hectares of deciduous forest, and 7 hectares of other forest.
Environmental management plan The project owner will prepare and set out some key measures to prevent and mitigate any negative environmental impacts caused by the action at any stage before operation of the project, executing the project, and completing the project to ensure management of the environmental resources of the area are efficient following techniques and techniques Department of Environment. The Ministry of Environment, in cooperation with relevant institutions, will conduct monitoring, examination, and compliance with environmental management plans and verify the results of the company's environmental management plan implementation.
Development plan The development plan for the land in the project site is divided into 260 hectares of mining land (12 areas), 30 hectares of construction land for headquarters, factories and other structures, 14.40 hectares of road infrastructure (18 meter long × 8 meter wide) and 400 hectares of riverside forest (100 meters on both sides of the river).
Mitigation strategies The company has implemented appropriate measures to mitigate the risks that arise during each phase of the mining operation, including the pre-construction phase, construction phase, project operation and maintenance phase, and project closure phase. At each phase, the company has appropriate measures to mitigate the risks that arise.
Environmental and social funds The company has prepared a local community development plan (reforestation, promotion of livestock and fish farming, repair of trails, provision of technical services for planting rubber and cassava, and provision of agroforestry services for growing other crops) for which these social fund grants will cost a total of USD 892,000 over 10 years, and the budget for environmental restoration is USD 189,794/year.
EIA publication year 2011
Last update 22-May

Reference documents

[Draft] Initial Environmental and social impact assessment: Iron exploitation project of Hoang Anh Ratanakiri Co., LTD
Hoang Anh Ratanakiri Co., LT receives the land concession for 260 hectares in Bar Kaev and Ou Ya Dav district, Ratanakiri province to develop the iron sector and supply the iron domestic demand and export to abroad market.