Agreement on Compensation Policies and Unit Prices for Affected Persons in the Mining Project of KaviCorp Lao Mining Company Limited

关于卡维科老挝矿业有限公司采矿项目受影响补偿政策及单价单位的协议

ຂໍ້ຕົກລົງວ່າດ້ວຍ ນະໂຍບາຍ ແລະ ຫົວໜ່ວຍລາຄາທົດແທນຄ່າເສຍຫາຍທີ່ໄດ້ຮັບຜົນກະທົບຈາກໂຄງການຂຸດຄົ້ນແຮ່ທາດຂອງບໍລິສັດ ກາວີໂກລາວບໍ່ແຮ່ ຈຳກັດ

Summary

This regulation adjusts compensation policies and unit prices for affected people by mining projects in Laos, with core provisions clarifying compensation conditions, scope of application, and compensation ratios calculated based on land reclamation time.

Articles

Article ມາດຕາ 1

Article 1 Policy and Compensation Unit Price

Policy means the determination of conditions for payment of compensation to people affected by the mining project of Gavico Lao Mining Company Limited, which includes: labor costs for clearing paddy fields, labor costs for clearing garden land, structures, industrial timber, fruit trees, and perennial plants compensated in cash;

Compensation unit price means the calculation rate used as a basis for compensation to those affected by the mining project of Gavico Lao Mining Company Limited.

Article ມາດຕາ 2

Article 4 State Policy
The State encourages and promotes all sectors, including individuals, legal entities, collectives and social organizations, to contribute to the management, protection and joint development of projects, such as: actively contributing labor, spirit, assets and other materials, in accordance with the policy guidelines and legal regulations that have been stipulated;
The State shall recognize the damages suffered on land that are lawful and in accordance with laws and regulations;
The State shall protect and guarantee the legitimate rights and interests of project owners and people affected by mineral exploration projects, in accordance with the law.

Article ມາດຕາ 3

Article 3 Basic Principles
The policy and compensation rates for damages affected by the mining project of Kavikolao Mining Company Limited shall follow the following basic principles:

1. Correct and consistent with the state's guidelines, constitution, laws, regulations, national socio-economic development plan, and the provincial socio-economic development plan;

2. Coordination, consultation, participation of the people, state organizations, project implementers, and relevant parties;

3. Ensure the rights and interests of the state, collectives, individuals, legal entities, and organizations, to protect the rights and interests of the project owner and affected people in accordance with regulations and laws;

4. Ensure equality, correctness, transparency, disclosure, fairness, and verifiability.

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