Company Sethikula
Company profile Sithikula is the limited company in Cambodia and requests the Royal Government of Cambodia through the provincial governor and the senior minister of environment the land amount 4273 hectares as the concession for 99 years in Phnom Nam Lyr Wildlife Sanctuary, Mondulkiri province.
Registration investment capital Not found
Company registration date Not found
Company registration code Not found
Director Khaou Phallaboth
Director residence Cambodia
Company address Not found
Status of the EIA reports Initial study
State agency Ministry of Environment
Site Phnom Nam Lyr Wildlife Sanctuary
Village Not found
Commune Bousra
Dak Dam
District Pech Chreada
O'Reang
Province Mondulkiri
Contract duration 99 years
Size in Hectare 4,273
Type of concession Economic land concession
EIA company Green Environment Group Co., Ltd.
Backgrounds of EIA company Not found
Address of EIAs company No. E05, Street 466 Sangkat Boeung Trabek, Khan Chamkamorn, Phnom Penh
Relevants law There are relevant laws and sub-decrees: Law on Land 2001, Law on Forestry 2002, Law on Fishery 2006, Law on Water Resource?? Management 2007, Law on Biosafety 2008, relevant Sub-Decree on Environmental Impact Assessment and project.
Revenues and expenditures The budget to invest in the rubber plantation project and the first 10-year processing costs is estimated to be USD 25,58 million, which the operation cost will be USD 19,29 million. The initial budget for the plant is USD 2,5 million and plans to spend USD 3,7 million in fixed costs. The company earns revenues from the seventh year and up. In the twentieth year, the company will earn USD 9,45 million and profit of USD 3,99 million.
Social alnd environmental impacts Not found
Employment opportunity The project will require 866 local staffs in the first year and up to 1247 staffs in from the sixth to fifteenth year, and one international specialist.
Public participation For the public participation, relevant stakeholders such as local authorities, local communities, and stakeholders are invited in order to be aware of potential issues that are likely to occur from the project development and receive suggestions and recommendations for the project.
Land converted from Sethikula company is located in the Phnom Nam Lyr Wildlife Sanctuary, Mondul Kiri province, with 488,5 hectares of dense forest, 439,2 hectares of semi-dense forest and 2506,2 hectares of deciduous forest, 619 hectares of forest, and 220,1 hectares of land without forest cover which related to spiritual forest, 434 hectares of farmland, 488 hectares of protected landin mountainous area, and 791 hectares of bush forest. But these lands were cut off from the project and land for rubber planatation was only 2,860 hectares.
Environmental management plan The company has environmental management plan in different phases: land clearing and construction phase, project implementation, project completion phase, and environmental monitoring programs that submit reports to the Ministry of Environment every six months. The program analyzes the physical, biological, and economic and social resources.
Development plan The company plans to plant 2,610 hectares in two years (2011 and 2012) and 250 hectares of land for infrastructure.
Mitigation strategies The company has mitigation measures such as discussions with local people, environmental protection, and a master plan, waste management and reforestation.
Environmental and social funds Not found
EIA publication year 2010

Reference documents

[Draft] Initial Environmental and social impact assessment:Economic land concession of Sethikula Co., Ltd
Sithikula is the limited company in Cambodia and requests the Royal Government of Cambodia through the provincial governor and the senior minister of environment the land amount 4273 hectares as the concession for 99 years in Phnom Nam Lyr Wildlife Sanctuary, Mondulkiri province.