Mekong Timber Plantations operates 24,000 hectares of forest plantations mainly in Bolikhamxay and Khammouane provinces of Laos. New Forests, on behalf of its Tropical Asia Forest Fund (TAFF), completed the acquisition of a majority shareholding in Oji Lao Plantation Forests in March 2017 and subsequently renamed the company to Mekong Timber Plantations Co., Ltd.
The company aims to be a leading sustainable plantation forestry business in Asia, with a focus on higher value timber production for regional markets. Mekong Timber Plantations works with development and improvement of silvicultural methods and ensures the business meets international best practices for responsible forest management.