LONGCINA (CAMBODIA) FINANCIAL MANUFACTURING CO., LTD has a registered capital of US $ 6,000,000 and has a capital of US $ 13,035,204. The company, represented by Ma Wei Qiang, Chinese Chinese, leased 24,212 hectares from Fanath to rent a plot of land to build a furniture factory located at National Road No 4 near the pole position, 174 in Trapeang Ke village, Cheung Ko commune, Prey Nop district, Preah Sihanouk province.The lease period for the lease is 50 years, and the lease has two locations, the first place, with a land area of 7 hectares, leased land on March 21, 2016 and the second location An area of 17,2127 hectares that was leased on April 28, 2017.
The project will create 50-year furniture, of which the project will take two years to build infrastructure projects in the project. According to the plan, the company started construction phase 1 from May to November 2016 and began construction phase 2 in January until December 2017. Two building factories will be constructed: First workshop, Chopper room, Heated room, Drying room, Living room, Residential building, Residential building, Warehouse, Workshop 2, Workshop 3, Workshop 5, Building Steel, building, warehouse, decoration and office space. The next phase of operation is 48 years after the project will start producing furniture from 2018 to 20654 and will end in 2066. So in the process of furniture production, only 48 years.
In requesting the establishment of a furniture factory, the Company received legal documents relating to companies from the Royal Government of Cambodia (the legal documents contained in Annex 1) were as follows:
- The company has registered in the Trade Register of the Ministry of Commerce of the Kingdom of Cambodia Certificate of Registration No. MOC-34398969, which has Business Registration No. 00011773 dated May 2, 2016.
- Letter No. 339, May 06, 2016, dated June 24, 2016, of the Ministry of Industry and Handicrafts, has announced that Long Chan (Cambodia) Footwear Manufile Co., Ltd. will establish a furniture factory.
- Letter No 2143 / ACN dated 26th July 2016 by the Council for the Development of Cambodia, authorizing Longchat (Cambodia) Finfincrement Manufors Co., Ltd. to establish a furniture factory (import wood imported from abroad).
- Letter No. 145 dated 7 July 2017 by the Ministry of Land Management, Urban Planning and Construction, allowing Longshan (Cambodia) Finfincrement Manila Co., Ltd. to construct four building factories.
According to the Sub-decree No. 72, dated August 11, 1999 on the process of environmental impact assessment, the project of Long Chan (Cambodia) Manufacturing Co., Ltd is to be classified. An Environmental Impact Assessment, a type of wood products product that uses logs The 1,000 m3 per year.