Rubber Cultivation Project
- Pathein, Ayeyarwaddy Division
- The Prime Minister of Ayeyarwady Division has granted 30,000 acres of land for Rubber Cultivation.
The attached maps and documents are from previous proposals for a Paper Company. The areas indicated in orange / gold color on the map represent the land now allocated for Rubber Cultivation.
- Pathein is a port city with a 2004 population estimated at 315,600 and the capital of the Ayeyarwady Region. It lies on the Pathein River, which is a western branch of the Irrawaddy River.
- Pathein is the fourth largest city in Myanmar, situated 190 kilometers (120 mi) west of Yangon.
- The allocated land is located on the main road and Pathein itself is accessible to large vessels and is Myanmar’s most important delta port outside of Yangon.
- 30,000 Acres
- $500 / acre ($15M US total)
Joint Venture Terms
- BAH is interested in a 50/50 Joint Venture partnership.
- BAH will serve as the local partner in Myanmar – proving local manpower, management, land, licensing, government liaising, etc.
- BAH is looking for a foreign partner who will bring expertise and technical konw-how, in addition to the 50% capital investment.
- Terms of the land purchase: $100/acre due at signing of agreement with the Prime Minister (Ayeyarwady Division) with balance of $400/acre upon Myanmar Investment Commission (MIC) approval. BAH will invest 50% land cost.
- BAH Chairman, U Ye Min, has expertise in operating Rubber Plantations. He currently owns and operates a 500-acre Rubber Plantation in Dawei. Photos of his existing plantation can be seen here: