RATCH Signs MOU to Conduct a Feasibility Study of Wood Pellet Project in Lao PDR

Ratch Group Public Company Limited (RATCH) announced that on October 26, 2020, Ratch-Lao Services Company Limited (RATCH’s wholly owned subsidiary in Lao PDR) has signed a Memorandum of Understanding (MOU) with Sacksith Consulting & Trading Sole Co., Ltd. and the Government of Lao PDR in order to conduct a land survey and a feasibility study of industrial timber planting of wattle trees and fast growing trees for the construction of a wood pellet factory in Ta Oy District, Sa Mouay District, Salavan Province, Lao PDR. 

The result of the land survey and feasibility study of the Project will be used for the benefit of applying for a concession for the aforementioned industrial timber planting project in the future.