China Asean Resources owns an Economic Land Concession (the “Concession”) measuring approx. 20,000 hectares (equivalent to approximately 200 million sq.m.) in Kratie Province, Kingdom of Cambodia.  The Concession is for a period of 70 years commencing 2007.  

 

Our core businesses are:

 

A. Forestry and wood processing

 

Based on reports by The Research Institute of Tropical Forestry, a unit within the Chinese Academy of Forestry, the Concession had more than 5 million cubic metres of timber stock. 

 

We carry out logging and process the salvage logs into sawn timber, wood flooring materials, particleboards, plywood and furniture.

 

B. Plantation

 

We are cultivating a rubber plantation in the Concession progressively as the forest is cleared.  We will produce latex from the matured rubber trees from about 2013. We will also explore the cultivation of other economic plants including jatropha, rice and corn.  

 

Economic Land Concession

 

The Concession in Kratie Province is located about 370 km away from the capital city of Cambodia, Phnom Penh, and is linked by National Highway No.6 and Nation Highway No.7.  The Concession is also about 25 km from Cambodia’s major river, Mekong River.