Contract on Investment of Agriculture and Processing between the Ministry of Agriculture, Forestry and Fisheries and Pheapimex Co., Ltd

• Campuchia

• Concessions
• Economic land concessions and plantations
• Land
• Public land lease

• Phea Phimex Group Co. Ltd.

• Minister of Agriculture Forestry and Fisheries

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• Tiếng Anh

• Kampong Chhnang

Metadata last updated on 2017-02-23. For inquiries contact: Open Development Cambodia. Address: 43 St. 208, Phnom Penh, Cambodia. Email: contact@opendevcam.net, Website: http://www.opendevcam.net

Pheapimex Co., Ltd #17 Street 55, Sangkat Chatomuk, Khan Daun Penh, Phnom Penh. Tel: (855) 12 827 888, (855) 23 212 240.

The Ministry of Agriculture, Forestry and Fisheries

• Seeking the essential measures from the concerned institutions in order to solve any incidents/problems for which any offenders violate the company under the terms and conditions of this agreement, such as development, use of land concession locations or claiming any part of concession area.
• Monitoring: The implementation of the contract of the company, the environmental impact, and Technical work and the business production programs.
• Informing in writing to the company 3 weeks prior to monitoring property and any modification over the land concession area.

The Company:

• Agreeing to pay the deposit and rental fee correctly in the article 4 of this contract until the deadline
• Agreeing to cover all the expenditures on Monitoring and Research as shown in article 1.4
• Preparing business production in accordance with plans as clarified in its own technical economic report and as in article 3
• Having the right to collect and distribute the products locally and internationally in conformity with applicable principles
• Machinery equipment, spare parts and chemical materials that are imported for the purpose of business and the duty payment are fully dependent upon the determination by the Kingdom of Cambodia
• Allowing the Ministry and relevant institutions to monitor and assess the environmental impacts; and must implement according to the advices by Ministry and concerned institutions over the environment related issues.
• Buy the agricultural products from Cambodian farmers depending on the product quality and the prices prevailing at the market.
• During the forest clearance for business production, if mines such as gold, gemstone or the national heritage materials (on the ground or underground) must be maintained as the state property.

Recruit local workers or foreign experts in order to advise or train local workers about cropping techniques of business production according to their immediate heeds respective to the Laws of Kingdom of Cambodia, in the case that experts are not available in the country.

• Undertaking exploitation through already prepared plans such as: clear-cutting, road construction, cropping, maintenance, etc, in respect to conditions of sustainable uses of concession and environmental impacts caused directly by business production.
• Every construction of infrastructure like dam, and canal vulnerably causing the severe environmental impacts to surrounding areas must be permitted by either the Ministry or the concerned institutions.

Taking care of living standards as well as health and education of staff, workers, and their family members by assisting, by the company’s ability, settlement buildings, hospital, religious buildings, school, and recreational centers.

The company agree to pay taxes or other charge fee that are obliged by the Royal Government, including export duties compatible with the future laws.

In the event there are risk and uncertainty, the company must inform the Ministry in writing declaring the reasons for risking. The company shall temporarily stop operating during a period of risking and uncertainty.

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