The Water Crisis. 785 million people around the world lack access to basic drinking water service. With a total population of 16.4 million, at least 12.6 million live in Cambodia’s rural areas, and have limited or poor access to clean water. In 2017, over 9.2 million have access to an improved water supply, but only 1 million rural households had piped water supply. While over half of these 1 million rural households have access to improved sanitation, the other half still practice open defecation.
Our chairman, Vichetr Uon, began his mission to bring clean water, hygiene and sanitation practices for poorest and the most vulnerable families in Cambodia since 2006 through sponsoring a sanitary toilet constructions and distributions of ceramic water filters, biosand filters and water wells. These means considered as immediate response to the household solutions.
It requires a water source, Inconvenient & lengthy process and Mostly suitable for drinking unlike Tap Water (Piped) that are; Readily available on premises, Cheap,Treated, suitable for drinking, For all purposes, Reliable, and A sustainable solution.
TAKING ACTION TODAY: TAP (PIPED) WATER
Our Chairman, Uon Vichetr, began his mission to bring clean water, hygiene and sanitation practices for poorest and the most vulnerable families in Cambodia since 2006 through sponsoring a sanitary toilet constructions and distributions of ceramic water filters, biosand water filters and water wells. These means considered as immediate response to the household solutions. It requires a water source, Inconvenient & lengthy process and Mostly suitable for drinking unlike Tap Water (Piped) that are; Readily available on premises, Cheap,Treated, suitable for drinking, For all purposes, Reliable, and A sustainable solution.
FIRST SOCIAL PROJECT: 23 YEARS SERVING SINCE
His first water treatment plant began the construction in 2018 and 90% construction job is completed now. When it is ready for function it goes to produce 8280.00 cubic meters per 16 hours operation daily for suppling clean safe piped water to about 13,000 families and 3,000 institutions in the 54 target villages’ three communes’ a district of Kampong Speu Province, Cambodia. It’s an Independent water producer (IWP) license provided by MIST for 25 years with a renewable. 10 other project sites already conducted feasibility with our partners from Malaysia and UK so we are in the need of capital of investment either under direct investment or long-term loan to the project in the amount of $80 million US dollars. You can pledge us to join hands and be hero in response to water crisis!
Parties obligations
Any party wishes to enter a signed MOU to record the agreement in principle and obligations up to the establishment of a SPV together with all the necessary consents, approvals and licenses from the authorities of Cambodia subject to the provisions herein appearing.
ADAENG LAND CO., LTD shall be responsible in:
(a) Securing all governmental consents, approvals, licenses and permissions relating to the establishment of Water Treatment Plants from the relevant authorities of Cambodia. This include all necessary land and construction alienation matters, and specified documents as follows:
i. MISTI (Ministry of Industry, Science, Technology & Innovation) – Project Approval or license.
ii. CDC Tax incentive and tax free of import materials.
iii. Local authority for conversion of land for water treatment plant.
iv. Others ministries approvals, such as: Fire, environment, construction order approvals, and not limit to any others, as required.
(b) Purchase land, and rightful ownership, such as hard title of land, and transfer to SPV company.
(c) Set up a SPV company for operation, agreed on JV equity, terms of participation, responsibility and scope of works.
(d) Provide appointment and term of compensation agreement to your party.
Your party shall be responsible in:
(a) Provide detailed Project Proposal and assist to provide information for getting approvals mentioned.
(b) Provide financial statement to project.
(c) Introduce Financial and EPC Parties.
(d) Secure funding for this project.
(e) Provide assistance in securing EPC, audit and approve of design, construction implementation, material specification, schedule, costing.
(f) Provide business, operation and maintenance consultancy.
(g) Assist values contributing parities in forming an SPV and advise terms of collaboration.
(h) Option to own equity in SPV in case capital funding/investment raised from individual or corporation.
(i) Appoint EPC for the following:
i. Provide Engineering, Procurement, construction to this project.
ii. Provide installation and commissioning.
iii. Provide system commissioning approval from MISTI
iv. Provide maintenance support proposal
v. Provide operation and management outline
vi. Provide training, operation procedure, and management consultancy.
Investment proposal (step and expectation from investors and investment options)
1.Investor review the Brief and decide if were to invest into the project.
2.Investor to issue an LOI to ADEANG Development Ltd (ADEANG) to shown an interest to JV with ADEANG to Develop the Projects.
3.Investor will also show Proof of Funds in a form of letter from their bank stating that they have the fund required for Development.
4.Upon receiving the proof of fund, ADEANG will then secure the land and submit the project proposal to CDC for approval and secure the Registration Certificate from CDC to certify the project as Qualified Investment Project or QIP.
5.Once ADEANG secure the QIP, Investor will then sign the JV agreement with ADEANG to form a new JV Company that will Develop the project.
6.ADEANG will purchase the land under ADEANG LAND and Lease the Land to the new JV Company for X Year for the development of the project. When the Development is completed, the land title will be transferred to the end buyer of the property (if they are Cambodian) by ADEANG on a separate agreement . If the Buyer is non Cambodian, then the Leasing of the 100 years will still apply (especially for the Commercial Development)
Note: If investor would like to have proxy (a Cambodian) to undertake the share holding in ADEANG LAND, Investor can hold up to 80% of the shareholding and 100% of the Management control. Contact ADAENG LAND CO., LTD via adaenglandco@gmail.com for more information.
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