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30 Apr 2017

Vietnam Investment Group

Vietnam Investment Group response

25 April 2017

...Vl Fund ll has assisted Gemadept to try to operate the plantation according to IFC Performance Standards on environmental and social sustainability. As part of this effort, Gemadept has engaged consultants AECOM (previously known as URS), Cambodian Rural Development Team (CRDT) to undertake Environmental lmpact Studies, Biodiversity and Social Surveys, Biodiversity and Community Development Plan and consulted with the following NGO's: World Wildlife Fund, GlobalWitness, Flora & Fauna lnternational and Birdlife lnternational. The following actions have been undertaken:

  • Compensation of farmers in 2011
  • Offered local and indigenous families work as plantation workers (the plantation employs over 1,200 workers in planting season)
  • Built housing, sanitation, water treatment, education facilities on the plantation...