The Bolikhamxay White Charcoal Industry Company has signed an agreement with Savannakhet authorities to secure a 25-year concession right for over 90 ha of land in Phonsavanh village, Thaphabath district, Borlikhamxay Province, to plant Cratoxylum formosum, known in Lao as Mai Tiew for its white charcoal production.
The agreement was signed in Vientiane Capital on April 7 between the Vice President of the Lao War Veterans’Association, Mr Bounkeo Lasa and the President of the Bolikhamxay White Charcoal Industry Company, Mr Dala Phuannavong.
President of the Lao War Veterans’Association, Brig. Somephone Keomixay and relevant officials witnessed the signing.
The land concession will ensure Mai Tiew plantation for the Bolikhamxay White Charcoal Industry Company as the company will use the wood as raw material for producing white charcoal products for export markets using sustainable techniques and environmental friendly means, said Mr Yasusi Seura, Director General of EISEI Corporation of Japan, the financer of the concessional project.
The Bolikhamxay White Charcoal Industry Company currently has a 50 ha C. formosum plantation in Thaphabath District, Borlikhamxay Province.
The purpose of this project, according to the company, is to promote the livelihood of local villagers as the company will teach them how to make white charcoal, which is more value added than regular black charcoal.
White charcoal is well known for its capacity in sustaining high temperature stably for a long time without much smoke and smell, which has been attracting restaurant businesses, especially in Asian countries. It is well known among Japanese restaurants and also in Korean barbeque restaurants.
Source: Lao News Agency