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Created before Nov 2016
Last update: 2016-07-13 18:11:25 BankTrack
Ali Hines, Global Witness
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|Sectors||Agriculture for Industrial Crops|
Hoang Anh Enterprise is a Vietnamese company, founded by Chairman Doan NGuyen Duc in 1993, was converted to a Joint Stock Company and renamed as HAGL JSC in 2006. On 22 Dec 2008, the company's shares were officially listed on HOSE with the code HAG.
Human rights and social issues
Indigenous communities, including the Jarai, Tampoun, Kachok and Kroeung peoples, have lost territory and suffered devastating impacts to their livelihoods, cultural practices and way of life as a result of HAGL's operations.
IDI has assisted seventeen indigenous communities from Cambodia’s Ratanakiri province to file a complaint to the World Bank’s private lending arm, the International Finance Corporation (IFC). The complaint, submitted on February 10, 2014, details how the IFC has invested in companies that are in flagrant violation of Cambodian and international law and its own social and environmental safeguard policies. In addition to the illegal land seizures in Cambodia, the complaint also describes rights abuses committed against communities in Laos as a result of HAGL’s operations through three rubber concessions.
Ratanakiri’s once abundant forests have been decimated over recent years as a staggering number of large-scale land concessions have been granted to companies, primarily for rubber plantations.