Company Identity

Name:

China National Corporation for Oversea Economic Cooperation Laod Star Development Co., Ltd.

Nature:

Foreign Company

Address of Local Office:

# 12-14, Street 242, Phnom Penh, Cambodia

Name and Nationality of Director:

Mr. Zhu Jun Je, Chinese

Company Registration:

Registered

Legal Papers and Right for Investment

• Letter No. 165/89 KAK dated 26 January 1998, Council for the Development of Cambodia, on proposal for investment of maize, vegetable and rice.
• Letter No. 165/89 KAK dated 26 January 1998, Council for the Development of Cambodia, on formulation of the company.
• Letter No. 416 SCN dated 23 April 1998, Council of Minister, on approval for providing land concession amount of 8,000 hectares to the company for investing agro-industrial crops in Phnom Srouch District, Kampong Speu Province.
• Letter No. 1361 SCN dated 09 August 2000, Council of Minister, on overlap of land concession area between China National Corporation for Oversea Economic Cooperation Load Star Development Co., Ltd. And Cambo Victor Investing and Developing Co., Ltd.
• Letter No. 59 SBT dated 01 September 2000, Royal Government of Cambodia on delegation of right to Minister of Agriculture, forestry and Fisheries, for signing contract with the company.
• Signed contract with Ministry of Agriculture, Forestry and Fisheries on 26 September 2000.

Land Area

• 8,000 hectars

Location of Land Site

• Phnom Srouch District, Kampong Speu Province

Coordinates

A:420000-1249800, B:424000-1252000, C:424000-1255000, D:427000-1255000, E:427000-1285000, F:423500-1285000, G:423500-1281000, H:424000-1280000, I:426000-1280000, J:426000-1275000, K:424000-1275000, L:424000-1277000, M:423500-1277000 

Purpose of Investment

• Agro-Industrial Crops

Duration of Contract

70 years (Seventy Year)

Land Utilization Plan

8 years:

• year 1 : 1 %
• year 2 : 3 %
• year 3 : 6 %
• year 4 : 8 %
• year 5 : 12 %
• year 6 : 16 %
• year 7 : 24 %
• year 8 : 30 %

Progress of Implementation after Signing Contract

• May 2006, Company propose to continue the investment

• Company cooperate with ministry to define the land 500-1,000 hectares for the first step, but due to wet season the working group transfer the task to the provincial working group to do it in dry season.

• Since June 2006, loss communication again