Company Hoang Anh Ratanakiri Co., LTD
Company profile Hoang Anh Gia Lai is the famous multi investment group in Laos, Vietnam, Cambodia and Thai and operate for a long time in business, investment and other activities in the society of those country. The company operates 26 projects including construction, real estate investment, stock exchange, rubber plantation, mining and hydropower electric dam. Hoang Anh Ratanakiri Co., LTD in 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.
Registration investment capital KHR 64000 million
Company registration date 12-Jul-09
Company registration code Co. 6186/09E
Director Nguyen Van Minh
Director residence Not found
Company address National Road No 78, Village 03, Sangkat Labansiek, Ban Lung Municipality, Rattanak Kiri Province
Status of the EIA reports Initial study
State agency Ministry of Mine and Energy
Site 30km away from Ban Lung Municipality and 8km from National Road 78
Village Not found
Commune Not found
District Bar Kaev, Ou Ya Dav
Province Ratanakiri
Contract duration 9.5 years
Size in Hectare 260
Type of concession Mine exploitation
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 Sub-decree 6 and Royal Decree 1. 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 US $ 26,672,451, of which the total investment budget is US $ 14,536,607 and operating capital of US $ 12,135,844 . Revenues from sales of these mineral products totaled US $ 47,384,450 in 2011, and product sales from 2012-2018 to US $ 50,000,000.
Social alnd environmental impacts The project has been beneficial, with major objectives such as: Protecting, preserving and preserving 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 semi-evergreen forest at least 304.40 hectares, the price of land in that area will be higher than the present value, Fix to repair the trail bridges, and create jobs for local residents.
Employment opportunity The project will help create jobs for Cambodian people, especially local people (among 181 labors) and improve training programs for these people to be able to work (can also receive overseas training).
Public participation The public participation is the CES team, conducts surveys, surveys and meets with local communities, local authorities, non-governmental organizations and other relevant institutions in order 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 to find a solution which would be acceptable for all stakeholders.
Land converted from In the project site, there are 1,252 hectares of jungle, semi-evergreen forest, 1826 hectares of forest, 619 hectares of forest, 7 hectares of jungle.
Environmental management plan Environmental development 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 The environmental resources of the area are efficient in accordance with techniques and techniques Department of Environment. The Ministry of Environment, in cooperation with relevant institutions, will conduct monitoring, examining and compliance with environmental management plans and verify the results of the company's environmental management plan implementation.
Development plan The plan for the development of the land area in the project site is divided into 260 hectares of mining area (12 zones), construction area of 30 ha, office space and other constructions, surface area system of roads 18 m long, 8 m wide, 14,40 ha, and bore forest (100m along the O-shore) has 400 ha.
Mitigation strategies The company has implemented each phase of the mineral exploitation, such as the pre-construction phase, the construction phase, the operation phase, the maintenance and completion phase. At each stage, the company has measures to reduce the problems.
Environmental and social funds The company has developed a local community development plan (rehabilitation of forest, raising livestock and fish, repairing roads, providing technical services for planting rubber, cassava, and providing consultation service for other crops). These social funds will cost 892,000 USD in over 10 years, and budget for environmental rehabilitation is $ 189,794 USD/year.
EIA publication year 2011

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.