ID :
25768
Tue, 10/21/2008 - 16:20
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Shortlink :
https://oananews.org//node/25768
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Japanese investors to grow the industrial trees in Laos
Japanese investors to grow the industrial trees in Laos
(KPL) Japanese investors were seeking more empty land to grow the industrial trees in Laos, but firstly it has eyed in southern provinces of Laos.
Later news, Ministry of Planning and Investment approved two Japanese company groups to conduct the feasibility study and land surveys for the eucalyptus and acacia tree plantations in five southern provinces.
The Memorandum of Understanding for survey was jointly signed between Lao government and Japanese Oji Paper Company and Sojitz Corporation on 17 October in Vientiane Capital.
The two Japanese groups interested in planting the eucalyptus and acacia trees in Laos, because land areas across the country were seen as empty might be benefit to promote local people growing.
This feasibility study will be carried out in five southern provinces including Savannakhet, Saravane, Sekong, Champassak and Attapue. The land survey of eucalyptus and acacia tree plantations will take six months to completed, according to the MoU.
“If the feasibility study and survey processes showed positive economic, environmental and social outcomes, the two sides would sign an agreement of land concession with the government” said, Deputy Office Head of Ministry of Agriculture and Forestry Mr Khamphan Meuansithida
According to the Oji Paper Company, the land survey and feasibility study disclosed that it would initially use 30,000 hectares in five provinces.
Deputy Minister of Planning and Investment Mr Thongmy Phommixay and Deputy Office Head of Ministry of Agriculture and Forestry Mr Khamphan Meuansithida signed with representative of Sojitz Corporation Mr Seiro Tokunaga and representative of Oji Paper Company Mr Kei Inoshita.
Before that the Japanese Oji Paper Company have invested more than $ 40 million to plant the eucalyptus tree in Borikhamsay and Khammouan provinces as it was allowed from the Lao government in order to use about 50,000 hectares. But now it is seen that approved-land for growing is not enough following its demand.
(KPL) Japanese investors were seeking more empty land to grow the industrial trees in Laos, but firstly it has eyed in southern provinces of Laos.
Later news, Ministry of Planning and Investment approved two Japanese company groups to conduct the feasibility study and land surveys for the eucalyptus and acacia tree plantations in five southern provinces.
The Memorandum of Understanding for survey was jointly signed between Lao government and Japanese Oji Paper Company and Sojitz Corporation on 17 October in Vientiane Capital.
The two Japanese groups interested in planting the eucalyptus and acacia trees in Laos, because land areas across the country were seen as empty might be benefit to promote local people growing.
This feasibility study will be carried out in five southern provinces including Savannakhet, Saravane, Sekong, Champassak and Attapue. The land survey of eucalyptus and acacia tree plantations will take six months to completed, according to the MoU.
“If the feasibility study and survey processes showed positive economic, environmental and social outcomes, the two sides would sign an agreement of land concession with the government” said, Deputy Office Head of Ministry of Agriculture and Forestry Mr Khamphan Meuansithida
According to the Oji Paper Company, the land survey and feasibility study disclosed that it would initially use 30,000 hectares in five provinces.
Deputy Minister of Planning and Investment Mr Thongmy Phommixay and Deputy Office Head of Ministry of Agriculture and Forestry Mr Khamphan Meuansithida signed with representative of Sojitz Corporation Mr Seiro Tokunaga and representative of Oji Paper Company Mr Kei Inoshita.
Before that the Japanese Oji Paper Company have invested more than $ 40 million to plant the eucalyptus tree in Borikhamsay and Khammouan provinces as it was allowed from the Lao government in order to use about 50,000 hectares. But now it is seen that approved-land for growing is not enough following its demand.
