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Company Profile
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Company Identity
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Name:
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Ratana Visal Development Co., Ltd
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Nature:
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Loca Company
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Address of Local Office:
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# 10, Street 19, Sangkat Cheychumneah, Khan Don Penh, Phnom Penh, Cambodia
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Name and Nationality of Director:
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Mr. Van Visal, Khmer
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Company Registration:
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Registered
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Legal Papers and Right for Investment
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- Report on field survey of proposal land concession 3,000 hectares located in Krakor District, Pursat Province dated 17 January 1997.
- Letter No. 1591 KSK.PPK dated 28 March 1997, Ministry of Agriculture, Forestry and Fisheries, on proposal land concession 3,000 hectares located in Krakor District, Pursat Province for plantation of cashew-apple and oil palms.
- Letter No. 2246 KAK dated 04 August 1997, Council for the Development of Cambodia, on create company named RATANA VISAL Development Co., Ltd.
- Letter No. 118 KSK.PPK dated 13 January 1999, Ministry of Agriculture, forestry and Fisheries, on request of right from the Royal Government of Cambodia for signing contract with Ratana Visal Development Co., Ltd for investment of cashew-apple and oil palm plantation.
- Letter No. 32 SBT dated 16 September 1998, Royal Government of Cambodia, on delegating right to Minister of Agriculture, Forestry and Fisheries for signing contract with the company.
- Signed contract with Ministry of Agriculture, Forestry and Fisheries on 15 October 1999.
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Location of Land Site
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Krakor District, Pursat Province
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Coordinates
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A:408376-1372524, B:408926-1374000, C:406000-1375000, D:40 6000-1379000, E:411251-1379000, F:409674-1376000, J:409221-1372297, I:410000-1373856, I.1:412277-1372997 (Extra point set by Working Group in concession land area at points G:415000-1376000, H:415000-1372000).
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Purpose of Investment
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Cashew-apple and oil palms
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Duration of Contract
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70 years (Seventy Year)
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Land Utilization Plan
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6 years:
- year 1 : 500 hectares
- year 2 : 500 hectares
- year 3 : 500 hectares
- year 4 : 500 hectares
- year 5 : 500 hectares
- year 6 : 500 hectares
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Progress of Implementation after Signing Contract
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- In November 2005, Ministry has requested to company to prepare master plan, but until now the master plan is not submit to ministry yet.
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- Ministry has approved on Master Plan by the letter 5393/400 ksk dated 27 September 2007.
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- There are occupation to the land by the people.
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- Company is seeking intervention from Ministry.
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- Planted cashew nut 480 hectares, jetropha 50 hectares, mango 24 hectares, totally 594 hectares.
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Measures of Ministry of Agriculture, Forestry and Fisheries
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