| Company | Meng Xin Hong Fa (Cambodia) Resource Investment Co., Ltd. |
| Company profile | The company has a long-standing expertise in the mining industry locally and internationally. Currently, the company is operating mining businesses in 3 countries, including China, Vietnam, and Cambodia, and intends to extend its operations in other ASEAN countries. It is under the umbrella of Khmer First Investment Holding Group, established in 2010. |
| Registration investment capital | KHR 20,000,000,000 |
| Company registration date | 3-Jan-12 |
| Company registration code | 6258 |
| Director | Mr. Cao Yunde |
| Director residence | China |
| Company address | #47, St. Standford, Tonle Bassac, Chamkarmorn, Phnom Penh |
| Type of EIA reports | Completed Environmental Impact Assessment |
| State agency | Ministry of Mines and Energy |
| Site | The project location is about 300 kilometers from Phnom Penh and 102 kilometers from Siem Reap town. |
| Village | Kvarv, Chong Spean, and Roveang |
| Commune | Kvarv |
| District | Chi Kraeng |
| Province | Siem Reap |
| Contract duration | 30 years; the contract is renewed every 10 years if the mining operation indicates the mining area still has commercial viability. |
| Area size of the project | 3,600 hectares |
| Sector | Extractive industry |
| EIA company | Creative Green Design Co., Ltd. |
| Background of EIA company | Not found |
| Address of EIA company | #322P, St. 271Z, Terk Tla, Khan Resey Keo, Phnom Penh. Tel: (855-11) 845 695/ 097 204 6789, Email: saphoeuntous09@yahoo.com, Website: www.CREATIVE09.com |
| Relevant laws | The assessment and reporting follow relevant 15 national legal frameworks, including 9 laws, 4 sub-decrees, the Rectangular Strategy, and 1 Prakas. |
| Revenues and expenditures | The projection of Total Future Value (FV) Cost within 10 years is USD 225 million, and Total Present Value (PV) cost is USD 184.938 million. While the estimated Total PV benefit is USD 204.147 million excluding other expendictures. |
| Social and environmental impacts | The project contributes to the increase of employment opportunities, the improvement of local economy and infrastructures, tax incomes, and the allocation of its profits for social and environmental funds. |
| Employment opportunity | Employed 30 local people and expected to provide more jobs for between 150-200 workers in the first quarter of 2015. |
| Public participation | The environmental and social impact assessment on this project has been discussed for two times with stakeholders from the provincial department, district governors, the commune chief, village chief, and 3 villages surrounding the project area. |
| Land converted from | The mining concession area is located in forested areas, which are classified into 4 types, including 632 hectares of evergreen forest, 31 hectares of semi-evergreen forest, 2,243 hectares of deciduous forest, and 694 hectares of non-forest areas. The project affected 91 hectares of evergreen forest and 428 hectares of deciduous forest. |
| Environmental management plan | The company has an environmental management plan, an environmental monitoring and audit plan. |
| Development plan of the project | Development plan in the concession areas such as infrastructure, healthcare center, school and others |
| Mitigation strategies | The company has mitigation stategies with holding standard for mining procedure and providing water and sanitation to the employee, and pre-consult with the local community and authority before clearing the land. |
| Environmental and social funds | USD 60,000 per year or USD 600,000 for 10 years |
| EIA publication year | 2015 |
| Last updated | 21-Sep |
| Reference: | [Draft] Completed environmental and social impact assessment report (EIA) for copper mining project in Khvav commune, Chi Kraeng district, Siem Reap province |