Cost – Benefit Analysis Topic Business Project For Sunworld Wild Animal Farm Gia Lai.pdf

About Sunworld Wild Animals Farm Gia Lai Sunworld Wild Animals Farm Gia Lai is a place where farmers can make the production of live animals for canned hunting and as pets in an agricult

Investor introduction

• Company name: SUN GROUP CORPORATION

• Issued by: Danang Department of Planning and Investment

• Company headquarters: 11 floor, Da Nang ACB Tower, No 218 Bach Dang, th Phuoc Ninh Ward, Hai Chau District

• Business sectors: Tourist Resort, Entertainment, Luxury real estate Infrastructure , investment

• Legal representative: Dang Minh Truong

• Position: Chairman of the Board of Directors of Sun Group

Brief description of the project

Preliminary information

• Project Name: SUNWORLD WILD ANIMAL FARM GIA LAI

• Investment location: Ea Nueng Lake, Pleiku, Gia Lai, Viet Nam

• Investment form: Economic organization establishment

Farm information

• Type: Wild animal farm (traditional undomesticated animals are raised in an agricultural setting to provide)

• Attachment service: Construct a 1-hectare farm to breed wild creatures like turtles, wild boars, nil, red pheasants, algae-fed chickens, and so on

+ Area for raising other animals: 3,000 m 2

+ Area for growing grass and fruit trees: 2,970 m 2

+ Area of housing for employees: 30m 2

Legal basis

• Bidding Law No 61/2005/QH11 dated November 29, 2005 of the National Assembly of the Socialist Republic of Vietnam;

• Circular No 05/2008/TT-BTNMT dated December 8, 2008 of the Ministry of Natural Resources and Environment guiding on strategic environmental assessment, environmental impact assessment and environmental protection commitments;

• Circular No 05/2009/TT-BXD dated April 15, 2009 of the Ministry of Construction guiding the adjustment of construction cost estimates;

• Circular No 08/2006/TT-BTNMT dated September 8, 2006 of the Ministry of Natural Resources and Environment guiding strategic environmental assessment, environmental impact assessment and environmental protection commitments;

• Circular No 12/2008/TT-BXD dated May 7, 2008 of the Ministry of Construction guiding the formulation and management of construction survey costs;

• Circular No 176/2011/TT-BTC dated December 6, 2011 of the Ministry of Finance guiding the collection, payment and management and use of fees for appraisal of construction investment projects;

• Circular No 33/2007/TT-BTC dated April 9, 2007 of the Ministry of Finance guiding the final settlement of completed projects funded by the state capital;

• Civil Code No 33/2005/QH11 dated June 14, 2005 of the National Assembly of the Socialist Republic of Vietnam;

• Construction Law No 16/2003/QH11 dated November 26, 2003 of the National Assembly of the Socialist Republic of Vietnam;

• Convention on International Trade in Endangered Species of Wild Fauna and Flora;

• Cost norms for project management and construction investment consultancy together with Decision No 957/QD-BXD dated September 29, 2009 of the Ministry of Construction;

• Decision 1172/QD-BXD in 2012 announcing norms of construction cost estimates;

Decree 140/2006/ND-CP sets forth regulations for environmental protection during the formulation, appraisal, approval, and implementation phases of strategies, master plans, development programs, and projects.

• Decree No 123/2008/ND-CP dated December 8, 2008 of the Government detailing the implementation of the Law on Value Added Tax;

• Decree No 124/2008 ND-CP dated December 11, 2008 of the Government on corporate income tax;

• Decree No 209/2004/ND-CP dated December 16, 2004 of the Government on quality management of construction works and Decree No 49/2008/ND-CP dated April 18, 2008 of the Government on the amendment and supplement of a number of articles of Decree 2009/2004/ND-CP;

• Decree No 21/2008/ND-CP dated February 28, 2008 of the Government amending and supplementing a number of articles of the Government's Decree No 80/2006/ND-CP dated August 9, 2006 on detailing and guiding the implementation of a number of articles of the Law on Environmental Protection;

• Decree No 32/2006/ND-CP dated March 30, 2006 on management of endangered precious and rare forest plants and animals;

• Decree No 35/2003/ND-CP dated 4/4/2003 of the Government detailing a number of laws on fire prevention and fighting;

• Decree No 80/2006/ND-CP dated August 9, 2006 of the Government detailing and guiding the implementation of a number of articles of the Law on Environmental Protection;

• Decree No 82/2006/ND-CP dated August 10, 2006 on management of export, import, re-export, import from the sea, transit, breeding, rearing and cultivation artificially endangered, precious and rare wild fauna and flora;

• Decree No 99/2007/ND-CP dated June 13, 2009 of the Government on management of construction investment costs;

• Enterprise Law No 60/2005/QH11 dated November 29, 2005 of the National Assembly of the Socialist Republic of Vietnam;

• Investment Law No 59/2005/QH11 dated November 29, 2005 of the National Assembly of the Socialist Republic of Vietnam Male;

• Law amending and supplementing a number of articles of the Laws related to capital construction investment of the 12th National Assembly, 5th session No 38/2009/QH12 dated June 19, 2009;

• Law on Corporate Income Tax No 14/2008/QH12 dated June 3, 2008 of the National Assembly of the Socialist Republic of Vietnam;

• Law on Environmental Protection No 52/2005/QH11 dated November 29, 2005 of the National Assembly of the Socialist Republic of Vietnam;

• Law on Forest Protection and Development 2004;

• Law on Land No 13/2003/QH11 dated November 26, 2003 of the National Assembly of the Socialist Republic of Vietnam;

• Law on Real Estate Business No 63/2006/QH11 dated June 29, 2006 of the National Assembly of the Socialist Republic of Vietnam;

• Law on Value Added Tax No 13/2008/QH12 dated June 3, 2008 of the National Assembly of the Socialist Republic of Vietnam;

• Pursuant to other relevant laws.

MARKET RESEARCH

Macroeconomic

According to statistics in 2020, Gia Lai province has an area of 15,510.90 km , the ² population in 2020 is 1,541,829 people, population density reaches 99 people/km ²

As of April 1, 2019, the population of Gia Lai province reached nearly 1,513,847 people; the population density reached 102 people/km The population is very unevenly ² distributed: Pleiku has occupied 27.53% of the people of Gia Lai province with a very high density of up to 1662 people/km2, in An Khe town is 408 people/km2, the remaining districts and villages all have a thickness below 200 people/km2, even K' Bang district has a density of only 45 people/km2, only half of the average density standard The population living in urban areas reached 438,062 people, accounting for 28.9% of the province's population, and the people living in rural areas reached 1,075,785 people, accounting for 71.1% of the population The male population reached 758,759 people, while the female population reached 755,258 The natural increase in population by locality increased by 1.72 ‰

According to statistics from the General Statistics Office of Vietnam, as of April 1, 2009, Gia Lai province has 38 ethnic groups living with foreigners Kinh people account for the most with 713,403 people, Gia Rai people have 372,302 people, Ba Na people have 150,416 people, Tay people have 10,107 people, Nung people have 10,045 people, followed by Muong people have 6,133 people, Thai people have 3,584 people, Dao people have 4,420 people

As of April 1, 2019, Gia Lai province has ten different religions, accounting for 397,566 people, with which Catholics have the most, 166,996 people, Protestants have 142,220 people, ranked third is Buddhism with 85,229 people Cao Dai has 2,971 people, along with other religions like Bahá'í has 59 people, Hoa Hao Buddhism has 41 people, Tu An Hieu Nghia has 23 people, Minh Ly Dao has 18 people, Pure Land Buddhist, The Vietnamese association, has five members, at least four are Muslim

Gia Lai is located on the part of a large ancient rock foundation, over 4,000 m thick, belonging to the Kon Tum Massif Near the southern end of the Nam Truong Son massif Gia Lai lies almost entirely east of the Truong Son range The geoblock has been raised unevenly since the end of the Tertiary period But the terrain that has been volcanic and weathered for many years has become flat, creating plateaus that are not entirely flat but undulating with many hills interspersed with relatively low-lying areas The terrain is lower from north to south and tilted from east to west, with hills, plateaus, and valleys alternating quite complex The closer to the south divides the delta in half with Dak Lak and the western lowlands of Cambodia Gia Lai's topography can be divided into three main types: mountainous terrain, plateau, and valley The Plateau is a popular and important terrain of Gia Lai, with two plateaus, Kon Ha Nung Plateau and Pleiku Plateau The second topography is mountainous terrain, accounting for 2/5 of the province's natural area, primarily located in the north The mountainous landscape is strongly separated The surface of other terrain types of Gia Lai, such as plateaus, and Plain valleys, are also scattered with mountains; the average height of both tables is 800m, with Kon Ka Kinh peak - the "roof" of Gia Lai Diversified tectonic disruption is the basis for groundwater reserves Relatively low-lying areas often form rivers when passing through the fault zone suddenly down to the plains creating the famous waterfalls here The third terrain is the Lowlands, which humans soon exploited for food production Most of the low-lying areas are located in the southern part of the province, the valleys in the southeast In addition, Gia Lai soil is divided into 27 different types, including seven main groups: alluvial soil, gray soil, black soil, red soil, red yellow humus soil, and inert erosive soil group Mainly red basalt soil group, distributed in Pleiku Plateau, thick for cultivation, other soil types are primarily in the same soil at the edge of the plateau or low-lying areas, along rivers Gia Lai belongs to the tropical monsoon climate, abundant in humidity, with high rainfall, without storms and hoarfrost; in addition, the temperature also depends on the altitude of the regions The climate here is divided into two distinct seasons: the rainy and dry seasons The rainy season usually starts in May and ends in October The dry season is from November to April next year The average annual temperature is 22 - 250C The East Truong Son region ranges from 1,200 - 1,750 mm; the West Truong Son has an average yearly rainfall of 2,200 - 2,500 mm Gia Lai's climate and soil are suitable for developing many short- and long-term industrial crops, animal husbandry, and agro-forestry general business with high economic efficiency

Gia Lai province boasts a diverse soil profile with 27 types formed on various parent rocks grouped into seven primary categories Mineral resources play a pivotal role in the province's economy, with gold, building materials, bauxite, and precious stones among the most significant.

Gia Lai has excellent hydroelectric potential with a theoretical capacity of about 10.5-11 billion kW economic and technical capacity of 7.1 billion kW with an installed capacity of 1,502 MWh In addition to 4 large hydroelectric projects with an installed capacity of 1,422

MW, 85 small hydropower projects with a total of 80,200 kW are distributed relatively evenly throughout, creating favorable conditions for production development In addition,

Yaly hydroelectric project, with a capacity of 720 MW and an electrical output of 3.68 billion kWh, completed in April 2002, has had a significant impact on the development of the province's economic sectors ensuring energy demand Volume for the whole region Se San 3 hydropower plant with a design capacity of 273 MW, including two units with a total capacity of 260 MW, with an average annual power output of 1.12 billion kWh of electricity, is located downstream of the Ia Ly hydropower plant The total reserve of surface water is about 24 billion m3 These are great potentials for the power industry to be considered a key industry in Gia Lai Gia Lai province currently has four large hydroelectric plants with more than 100MW, including Yali, Kanak-An Khe, Sesan 3, and Sesan 4

Total budget revenue from 1975 to 1991 was only 40 billion dongs, 256 billion dong in

From 2001 to 2011, Vietnam's GDP experienced a significant increase, rising from 2,300 billion VND to 3,200 billion VND This economic growth has had a profound impact on the lives of Vietnamese citizens, with GDP per capita increasing to 19.5 million VND in 2011 This represents a substantial improvement compared to 2005 and 2000, when GDP per capita was 3.82 and 6.5 times lower, respectively.

During the first half of 2012, the gross domestic product (GDP) exhibited a 4.38% increase compared to the same period in 2011 The agricultural sector saw a 3.8% growth, with agriculture, forestry, and fisheries contributing 3%, 5.7%, and 5.8% respectively The industrial sector grew by 4.5%, notably in industries such as shipbuilding, fruit and vegetable processing, and dairy production In contrast, the consumption index of the processing industry experienced a modest 3% increase, significantly lower than the previous year's 17.5% Inventory levels increased by 26%, with notable increases in paper and packaging production (130%), motor vehicle production (116.7%), and fruit and vegetable processing (113.3%).

In the trend of solid development of the knowledge economy, digital economy, the explosion of science - technology, building a team of staff to meet the task's requirements is an urgent issue today Determining that importance, the Party Committee of Gia Lai province focused on leading and directing the implementation of crucial content on personnel work, focusing on improving the quality of the team of leaders and managers to achieve that goal to get positive results

Gia Lai province currently has 5,744 officials; which the provincial level has 862 people (accounting for 15%), the district level has 2,676 people (accounting for 6.59%), the commune level has 2,206 people (accounting for 38.41%); female staff has 2,069 people (accounting for 36.02%), cadres of ethnic minorities have 1,033 people (accounting for 17.98%) Professionally, there are 506 people with master's and doctoral degrees

(accounting for 8.81%) and 4,169 people with university degrees (accounting for 72.58%) Regarding political theory: 3,711 people with intermediate qualifications (accounting for 64.61%), with advanced degrees and bachelor's degrees with 1,414 people (accounting for 24.62%) The staff structure has been gradually arranged reasonably The qualifications of all aspects of the staff have been increasingly improved; the percentage of female staff increased by 5.97%, and the rate of the team who are ethnic minorities decreased by 1.53% compared to the end of 2015 Professionally and professionally: The percentage of staff with master's and doctorate degrees increased by 1.72%, and undergraduate degrees increased by 9.2% In terms of political theory: The proportion of cadres with intermediate qualifications increased by 8.53%, and those with advanced degrees and bachelor's degrees increased by 1.59% In general, staff at all levels of Gia Lai province are trained through practice, mature in all aspects, and meet the requirements of assigned tasks

The highlight in the past is that the recruitment of cadres has been focused The organization of recruitment periods for civil servants and public employees is strict, transparent, and follows regulations Staff training and retraining are interested, constantly innovating and improving quality; effectively organizing training classes for resource officers, planning officials at the party committee level, the titles of party secretaries and district-level government leaders, and leaders of departments and branches; foreign language, information technology, specialized training classes, etc The guarantee of funding for the training and retraining of cadres, civil servants, and public employees is done under regulations

Gia Lai boasts a wealth of natural and cultural attractions Its pristine forests harbor diverse flora and fauna, while scenic lakes like Bien Ho and monuments like Minh Thanh Pagoda offer tranquility Historic sites such as the Martyrs' Memorial Temple and Dak Po Victory Monument commemorate sacrifices Majestic mountains, including Mang Yang Heaven Gate and K50 Waterfall, provide breathtaking views Artificial landscapes showcase vast rubber forests and tea plantations Adventure seekers can enjoy river cruises and elephant rides Gia Lai's rich ethnic heritage is evident in communal houses, traditional festivals, and musical instruments like gongs and Dan Da.

Buffalo stabbing celebration, New rice eating ceremony, Grave abandonment ceremony, etc In addition, the province also has dishes specialties such as Can Wine, Burnt Rice - Glutinous Wine, Dry Pho (Two bowls of Pho), and a famous sculpture is the Statue of the Tomb

In recent years, Gia Lai health system has gradually improved in terms of quality with large hospitals

General information about the project

1.2.1 About Sunworld Wild Animals Farm Gia Lai

Sunworld Wild Animals Farm Gia Lai is a place where farmers can make the production of live animals for canned hunting and as pets in an agricultural context, as well as commodities like as food and traditional medicine, as well as materials such as leather, fur, and fiber

The project aims to address societal requirements, contribute to wildlife protection, and create impetus for the development of the province's cattle industry, all while contributing considerably to the country's industrialization and modernization process By building a 1- hectare farm to breed wild creatures like turtles, wild boars, nim, red pheasants, algae-fed chickens, and so on, the Sunworld Wild Animals Farm Gia Lai’s targets are produce as much fresh products for consumption as possible

Vietnam is one of the most biodiverse countries in Southeast Asia However, the forest acreage has been declining in recent years, and the animal trafficking continues Not just in Vietnam, but also in other countries in the region and on other continents, a network of cross-border wildlife trade has emerged Because wildlife species' habitats are disappearing and their populations are fast dwindling, many species are at significant risk of extinction on a worldwide scale As a result, biodiversity in general and Vietnam's animals in particular face a significant conservation issue

The difficult cross-border hunting and trafficking of wild animals on a wide scale is caused by strong population growth, low population, and, in particular, substantial revenues earned through wildlife husbandry Wildlife and its products are traded Furthermore, cultural influences play a role in promoting the consumption of wildlife goods This demand is so strong among the elite that they are willing to pay any price to obtain goods such as rhino horn, tiger bone, etc Many wildlife trafficking criminal organizations use Vietnam as a destination and transit point Many species are being exploited as a result of the income made by hunting and trading wild animals, and their numbers are quickly dropping and in danger of extinction For all reptiles, there was a lot of hunting and trading going on (turtles, snakes, etc) Every year, around 10,000 tons of turtles of various types are harvested from the forest and shipped to the border As a result, Vietnam is home to 23 tortoise species and five water turtle species, all of which are endangered

Faced with these obstacles, Asia's commercial wildlife ranches are rapidly expanding The Wildlife Conservation Society (WCS) has collaborated with the Vietnam Forest Protection Department to conduct a survey of 78 livestock farms in Vietnam to assess the efficacy of the wild animal farming strategy encourage the wild conservation of species populations According to the findings, 22 species are being raised on farms, with 12 being nationally threatened, six being globally threatened, four being protected at the national level, and five being endangered The Convention on International Trade in Endangered Species of Fauna and Flora has it classified in Appendix I

Due to the rise in global trade and economic prosperity, the breeding, processing, and sale of both legal and illegal wild animals for the market have seen a substantial increase As a result, domesticated wild animal products are likely to gradually replace their dwindling natural counterparts This presents a particular opportunity for nations with rich biodiversity, like Vietnam.

As Vietnam's demand for animal products rises, wild species breeding has flourished, significantly increasing both the quantity and diversity of captive animals Wild animal products sourced from farms now dominate the market, replacing those from natural sources This shift not only supports economic growth but also contributes to natural resource conservation, preserving biodiversity and protecting the environment.

There are several major farms in Vietnam, with locations in all provinces and areas; however, here are some enormous farms that have excellent cattle raising techniques which reach international standards Cattles are cared for and raised in a huge area, carefully planned and constructed in the appropriate climate and ecosystem for a variety of species with various utilities

• Lai Chau Agricultural Development & Construction Investment Co., Ltd’s farm

Lai Chau Agricultural Development & Construction Investment Co., Ltd recently held the Opening Ceremony of the largest biosafety centralized pig farm in Lai Chau province (about 12,000 heads) in Cang A village, commune Pac Ta, Tan Uyen district According to the plan, the annual farming scale of 2.5 litters can be up to 13,000 pigs, accompanied by 550 sows and 1,200 weaned pigs for a total herd size of 14,000 commercial pigs/year The breed is completely imported from the US PIC Corporation - the pig that is raised for meat is the offspring of the GF24 breed, which is the most appreciated pig breed on the Vietnamese market today Pig farm feed is a feed that meets European and Vietnamese standards in order to create high quality meat ingredients in terms of nutrition and food hygiene and safety according to the highest standards of Vietnam

• BaF Vietnam Agriculture Joint Stock Company’s cattle farm in Phu Yen

BaF Vietnam Agriculture Joint Stock Company was established in 2017, main activities in the field of pig breeding and focus on developing a strategic business model according to the 3F chain: Feed - Farm - Food; build a complete closed process from seed - feed - farm system to finished meat processing factory The breeding farm is located in Ea Trol commune, Song Hinh district, Phu Yen province, with an area of 14 hectares with the goal of raising and supplying high-quality breeding pigs The farm in Phu Yen was built according to a modern technology model, transferred from large corporations in Europe, America, and Asia such as AP, Cristal, GSI, Pigtek, Big Dutchman, etc

• Thanh Duc Livestock and Production Company Limited, Xuan Loc District, Dong Nai Province

The egg-laying chicken farm model of Thanh Duc Breeding and Production Co., Ltd is a model of high-tech application in production and business activities from breeding, egg collection and treatment, feeding, drinking water, treating waste, managing and operating to provide clean and high-quality egg products to the market With a fully automatic and closed breeding system from feeding, drinking, egg collection, manure loading, etc, the system is controlled by the Smart One smart control cabinet system connected to the monitoring control computer: temperature, humidity, light, air flow, food, water, number of eggs, etc The cage system imported from Spain, Italy brings efficiency: reduce disease, improve product value, minimizing environmental pollution, reducing labor in breeding and egg collection, saving electricity and workshop area

The most challenging aspect of constructing a wild animals farm is locating a suitable place that is spacious enough for the animals to live in, and the natural circumstances must be ideal for the animals to exist because they cannot survive in all-weather situations A farm's construction also costs a lot of money because requires a very vast space to provide the it environment and accommodation for each animal to produce high-quality products and sustain the business's stability

=> By investigating the correct place with gorgeous terrain, fresh atmosphere, and ideal for animals to dwell in, the project intends to fully cover the risk from building fees and sustainable area in order to create a stable ecosystem for wildlife creatures as well as high- quality products The initiative will also look for funding sources and institutions to help with construction financing

Animals should not be kept in unnatural environments Without warning, wild animals can become violent and attack Captive animals are always trying to break out from their

"prisons." The stress of being held captive is known to trigger assaults Keeping large-brain animals or enormous creatures in captivity just does not work The animals may get bored and vicious as a result of their confinement

=> The project's goal is to find a suitable place so that the animals do not have to live in abnormal conditions As a result, their habitats may mirror their native environment, and they will not pose a threat to farmers or their species

SWOT strategy analysis

• Environmental sustainability: carbon sequestration, wildfires, landscapes

• No competition for human food: makes use and improvement of marginal areas

• Payment for environmental services and/or low-carbon production systems

• Branding: creation of new brands appealing quality, sustainability, etc

• Easy conversion to sustainable systems that would theoretically allow obtaining higher market prices (i.e., organic production)

• Take active part in adding value activities and marketing

• Possible reduction of agricultural subsidies or new conditions for payment

• Increasing cost of production (mainly feedstuffs)

• Market liberalization: hard competition and sometimes unfair

• Weak position within the agri-value chain: bargaining power, lack of knowledge about margins, prices, market

• Low availability of feed resources (external dependency)

• Break between livestock and crops

• Abandonment: Difficult to get loans

• Market: low orientation and almost lack of participation out the farm gate.

PROJECT LOCATION

Project geographical location

As expected, Sunworld Wild Animal Farm Gia Lai will be located in Ea Nueng Lake, Pleiku, Gia Lai, Viet Nam T'Nung Lake, also known as Pleiku Lake or Ea Nueng Lake, is a freshwater lake in Gia Lai province, located the North of Pleiku city in

The deep blue lake, gleaming in the light like a big jade of nature, is likened to a jade by the deep blue lake The lake, which was formed by a crater, has a natural and lyrical beauty The road leading to the lake's entrance is incredibly lovely and romantic, with rows of old pine trees on both sides providing shade on a hot summer day T'Nung Lake is always lovely, no matter what time of year it is or what time of day it is Visitors will feel as if they are lost in a beautiful and whimsical fairyland early in the morning when the dew has not faded When the sun rises at noon, the light reflects off the lake's surface in glittering, colorful beams The afternoon colours the lake bed red as the sun sets, the breeze becomes milder, the lake surface only has gentle ripples, and the sight becomes exceedingly quiet and peaceful

Bien Ho, an oval-shaped lake surrounded by pine trees and mountains, boasts an impressive size of up to 400 hectares during the wet season Its average depth ranges from 12 to 19 meters, making it a relatively deep lake The extensive area covered by Bien Ho and its scenic surroundings have earned it its name, which aptly reflects its vastness.

=> This would be an ideal location for a farm to be built around this lake, where farmers and animal trainers may not only enjoy the beautiful environment while working efficiently, but also meet the needs of the animals.

Status of usage of the land

This is a suitable location to utilize the farm without having a significant impact on the people or their living area because it has a big land area and a low population.

General comment

The company discovered that the natural conditions and technical infrastructure in the Pleiku area in general, and Ea Nueng Lake in particular, not only do not affect the process of creating fresh products, exploitation, and use, but are also very convenient, including factors such as favorable geographical location and modern infrastructure

PART C SUN WORLD WILD ANIMAL FARM GIA LAI

A PROFITABLE PROJECT

Objectives of the project

Address societal requirements, contribute to wildlife protection, and create impetus for the development of the province's cattle industry, all while contributing considerably to the country's industrialization and modernization process

• In order to meet society's growing demand for items derived from wild animals, wild species rearing in Vietnam has grown in both quantity and diversity

• Contribute to the protection of the natural environment for long-term development by replacing depleted organisms from nature

• Meeting the demand for qualified breeders and producing clean meat products for the consumer market through the use of biotechnology and the process of rearing books with ozone treatment

Utilize locally abundant agricultural by-products, such as vegetables, tubers, and fruits, as well as food processing waste, including soybean base, wine wort, and fish heads Incorporate locally produced natural resources, such as water hyacinth, vegetables, grass, and banana trees, into the main feed source By doing so, reliance on industrial food sources can be minimized.

Investment project implementation time

Scheduled to commence in Q3 2022 and concluding in Q4 2022, the project will subsequently undergo a completion and operationalization phase spanning the first two quarters of 2023.

• Quarter III/2022 & IV/2022: The investment preparation phase will consist of leasing land for 20 years and building

• Quarter I/2023: The start of the construction phase: Plan to invest in farm building, machinery, and equipment, as well as market development

• Quarter II/2023: The project begins to harvest, and the stage of seed selection and screening continues to develop genetic resources.

Seed selection and screening to develop genetic resources

Investment funds

The total investment capital need is estimated to be at about VND 2,3 billion Total investment capital of the project includes:

• State budget, which includes: targeted support programs (forest protection and development plan, traffic, irrigation, clean water program, government bonds, etc.); official development assistance (ODA); legal support capital of non-governmental organizations; local budget capital (ground clearance, etc.)

• Integrating initiatives in the same field to increase overall socioeconomic and environmental protection efficiency

• Socialized capital: derived from the resources of businesses that engage in initiatives and services

• Capital obtained through other legal means.

BASIC DESIGN PLANNING SOLUTION

Project grading determination

Based on the Law on Government Organization dated December 25, 2001 ;

Based on the Law on Forest Protection and Development dated December 3, 2004; Based on the Law on Biodiversity dated November 13, 2008;

Based on the Law on State Budget dated December 16, 2002;

Based on the Decision No 57/QD-TTg dated January 9, 2012 of the Prime Minister approving the Forest Protection and Development Plan for the period 2011 – 2020; Based on the proposal of the Minister of Agriculture and Rural Development;

Based on the Decree No 210/2013/ND-CP dated October 19, 2013 of the Government on policies to encourage enterprises to invest in agriculture and rural areas;

Based on the reason about the competitive advantage and profitability of safari area; Based on the capacity of the investor - SUN GROUP CORPORATION; Based on the Vietnamese fresh products consumption

With the according to state standards above bases, Sun Group Corporation decides to build Sunworld Wild Animal Farm Gia Lai.

Technical scale determination

Sunworld Wild Animal Farm Gia Lai is built on a total area of 10,000 m including: 2

• Area for raising other animals: 3,000 m 2

• Area for growing grass and fruit trees: 2,970 m 2

• Area of housing for employees: 30m 2

Services determination

This project aspires to establish a comprehensive framework for the ethical and sustainable production of animals for various purposes Its scope encompasses the farming of live animals for commercial hunting and companionship, alongside the utilization of animal resources for commodities such as food, traditional medicine, and materials (leather, fur, and fiber) By promoting responsible practices throughout the animal production chain, the project aims to enhance animal welfare, mitigate environmental impacts, and ensure the sustainability of animal-based industries.

The project also targets to address societal requirements, contribute to wildlife protection, and create impetus for the development of the province's cattle industry, all while contributing considerably to the country's industrialization and modernization process By building a 1-hectare farm to breed wild creatures like turtles, wild boars, nim, red pheasants, algae-fed chickens, and so on, the Sunworld Wild Animals Farm Gia Lai’s targets are produce as much fresh products for consumption as possible.

Basic business requirements

• All areas in the business area must be designed to be clean and natural

• The farm must have an appropriate location, with a construction area large enough to ensure favorable production activities Each area must be arranged reasonably to avoid danger or other defects that may adversely affect service quality

• The animals living ’ area must be safe and sanitary in order to keep farmers comfortable while also preserving the lives of wildlife animals as much as feasible

• Because the landscape is the most significant aspect of the farm as a whole, it must be resourceful, well-organized, and enjoyable for both animals and farmers

• In order to avoid harming people, the animals in the safari must be well-raised, well- fed, well-drunk, well-lived, and well-behaved.

IMPLEMENTATION

Farmed animals

Turtles, wild boars, hedgehogs, birds, and algae-fed poultry are among the farm's wild creatures Only wild boar and turtles were raised experimentally in the first two years As a result, the project's content will be centered on examining breeding procedures for these two species.

Raising turtles techniques

Freshwater turtles are a rare and valuable aquatic species Turtles are frequently prepared as high-class delicacies, as they are delicious and healthful Traditional treatments for a variety of ailments include eggs, apricots, and tortoiseshell heads Tortoiseshell has become a high-value commodity in recent years, and it is heavily consumed in the domestic market as well as exported to China Sunworld Wild Animals Farm Gia Lai recognizes the usefulness of turtles and will raise tortoises for meat and seed The following technical steps should be effectively implemented in order to raise the turtles to grow up swiftly, with a high survival rate and big profits:

3.2.1 Turtle-raising techniques and commercial products a Pond and tank preparation:

• Select a calm location; the pond bank should be constructed of thick bricks with obstacles to keep turtles out of the farming area

• The pond bed, pond bank, water supply and drainage culvert, as well as an auxiliary linked yard for turtles to consume, make up the culture pond

• Pond size ranges from 800-1000 m , with a 2m water depth for turtles in the winter 2 and cool in the summer The pond will be filled with clean fine sand, with a sand thickness of 15-20 cm, and the pond bottom will slope gradually towards the drain

• The turtles can move to the garden or rest area in the pond's corner to bask in the sun when needed, and the water supply and drainage gates have iron nets

• It is vital to prepare ponds and tanks for stocking in order to ensure clean water and adequate bottom matter b Turtle stocking

• The turtle stocking season runs from March through April on the lunar calendar each year

• Individual stocking sizes range from 100 to 200 grams Choose turtle-friendly kinds that do not transport infections in a pond with similar-sized turtles

• Stocking density: 2 fish per m is recommended to ensure habitat and a good output 2 c Pond management

• To guarantee that the pond water is always clear, avoiding the situation where the turtles are lost during the early days of stocking or on wet days

• Type of food: The investor grows vegetables and fish on the farm specifically for the turtles They also consume starch as a source of nutrition

• Feeding turtles: § Feed in the designated area so that the turtles become accustomed to eating, easy to monitor daily food, and easy to clean the feeding area § Small animals that may be eaten whole can be eaten whole, however huge animals must be diced and cut into several pieces in order to be consumed evenly Inedible hard portions of fish, such as heads and fins, should be fed to animals on the shore rather than dumped into the pond, which increases the risk of pond contamination § Before feeding, wash the food Newly hatched tortoises are fed 3-4 times per day, whilst their parents are fed 1-2 times per day The amount of feeding in the evening is greater than in the morning § Feeding amount each day and night: freshly hatched tortoiseshell 15-16%, breed tortoiseshell 10-12%, broodstock and broodstock 3-6% of the weight of the tortoise reared in the pond § To augment each other's nutrition, they should be fed a variety of animal foods It's not a good idea to feed only one thing because the nutrients won't be complete § Zooplankton (baby water), water worms (worms), and earthworms are fed to newly hatched tortoises Fish is the most important thing after 5-7 days of upbringing Choose lean fish; it is preferable to consume raw fish that has been boiled to remove the flesh

3.2.2 Turtle breeds raising technique a Ponds to raise parent turtles

• The water source for ponds must be clean, unpolluted, and can be supply and drain proactively Inlet water for underground flow, avoid strong flushing to adversely affect the turtles

• Ponds has an area of 800-1000 m2 with 2 meters deep, the bottom of the pond has a layer of smooth sand or sandy soil with a thickness of about 15-20cm

• The pond bank must be smooth, wide and sloped enough for turtles to easily crawl up and bathe in the sun as well as find it birthplace On the bank, there is a fence around the perimeter to prevent turtles from crawling out and to plant shade trees as a place for turtles to rest and lay their eggs

Turtles establish hatching grounds in secluded spots, typically situated amidst or adjacent to the pond The dimensions of these areas vary according to the turtle population within the pond Furthermore, it is crucial to differentiate between the sexes of turtles for effective management of their reproductive behavior.

• Male: Longer neck and tail, slim body, the shell is more oval shaped

• Female: Fatter and shorter neck and tail, thick body, the shell is less oval shaped c Choose and raise parent turtles

• Parent turtles must be even, healthy, no scratches or deformities

• Favors turtles with sizes from 1-4kg (based on the species)

• Release density: 0.5 – 1 kg/m2 Male and female turtles should share a same pond, male: female ratio is 1:3 or 1:4 (If you release too many male turtles, they will bite each other and cause disease or disturb the female turtles making them reproduces abnormally and cost more food)

• Mating: Every year in April-September is the turtle egg-laying season, turtles usually mate at dawn, the male actively spin around the female, some use their front legs to hold the females so they can’t crawl away d Food and feeding

The nutritional requirements of turtles vary depending on environmental factors During warmer weather, turtles consume more food, typically comprising 4-6% of their body weight Conversely, when temperatures drop, their appetite decreases, necessitating adjustments to their food intake In such cases, providing a pureed fish diet ensures they receive adequate nutrients.

• Feed the turtles twice a day at fixed positions in the pond At the same time need to be washed before feeding and the area should be cleaned regularly Periodically every 7-10 days, the water should be changed once and the changing process needs to be gentle, without any noise to avoid turtles stop eating e Laying eggs

• Turtles lay their eggs at night, they crawl around the pond to find wet soil, soft and discreet enough to make a nest

• It uses 2 hind legs, sometimes using the snout to scoop up the soil to create a hole 10-15cm deep as a nest

• The turtle then uses their hind legs to place the eggs in the hole they have just dug and then put the soil and sand back

• Newly laid eggs have elastic shells, then they harden (each egg weigh about 2-6kg), the time to lay the first egg is 5-10 minutes from the second egg

• The turtle lays 5-30 eggs at a time (average from 10 to 15 eggs at a time)

• After heavy rains, turtles don’t lay their eggs together, but scattered around the banks of the pond, where there is soft soil So, on these days, you should go around the pond to find the nests of turtles to collect eggs f Collect and incubate eggs

• When collecting eggs: Gently turn the layer of soil and sand up to take the eggs to incubate inside the house

• Make use of foam containers containing ice, fruits, etc to use as a turtle incubate chamber The bottom of the chamber is poured on a layer of fine, clean moist sand, 5-7cm thick The turtle eggs are placed evenly on the sand surface and the air sac of the egg must be placed on top Then spread on the eggs a layer of sand about 3cm and cover the lid to keep the temperature of the incubator Note, after each incubation, you should change new sand and disinfect the chamber before incubating the next one

During incubation, it is crucial to maintain the sand's moisture at 81-82% to ensure optimal egg development Avoid turning the eggs and ensure that the sand is neither too dry nor too wet, as both extremes can harm the eggs Regular misting will aid in maintaining the desired moisture level.

• The eggs will hatch after 55-65 days (at 32-35oC) However, eggs are prone to

“cancer” when the temperature is below 20oC and above 37oC

• Turtles have just hatched about 15 minutes must be put into water If you let them dry, they are very easy to die g Nurturing turtles

• The newly hatched tortoise is put in a bowl, a plastic bucket inside with a water hyacinth or a substrate for the tortoise to stick to Food for tortoise: hard-boiled egg yolks, worms, etc Every day, change the water for them, and after 1 week, let them go to the nursery tank

• The nursery tank is built with cement or lined with canvas, the bottom of the tank is poured with a layer of sand about 10 cm There is a sandy beach for turtles to rest and sunbathe

• Sanitize the tank with: Pesticide, Formol, Chlorine, Then pump clean water into the tank, the water level in the tank is from 20 to 30 cm, then proceed to stocking

• Before stocking, the turtles must be bathe in a 10% saline solution

Wild boar farming techniques

Wild boars originate from Thailand and Vietnam, introduced to our country in recent years here and encouraged by the Agriculture Extension Association - Ministry of Agriculture to develop livestock In addition to the value of fangs, wild boar meat is also a high-quality product rich in iron, low in fat, lower in cholesterol than beef, veal, chicken, domestic pig, so it does not cause the risk of overweight, obesity and cardiovascular disease Sensory and beef combined Therefore, the Western Wild Boar Farm will raise wild boar and in order to raise wild boar with high productivity and high profit, it is necessary to well implement the following technical measures:

• Breastfeeding period: Newborn -2 months old- Birth weight: 0,3-0,7 kg/boar § Survival rate: 75-85 % § Weight at the end of the period: 7-10 kg/boar § Feed consumption/period: Tinh: 1,86 kg/ Xanh: 2,28 kg

• 2-6 months period- Survival rate: 90-95 % § Weight at the end of the period: 35 kg/boar § Food consumption/period: Tinh: 2,99 kg Xanh: 4,34 kg /

• Growth stage 6-12 months old § Survival rate: 95-98 % § Weight: Male : 55-60 kg/boar Female: 50-55 kg/boar / § Food consumption/period: Tinh: 6,0-6,2 kg/ Xanh: 4-4,5 kg (If raise for meat then kill at 10-12 months old)

• Puppy rearing period: 7-8 months old § Survival rate: 97-98 % § Rate of selection to spawn: 80-85% § Bodyweight? Male: 40-45 kg/boar Female: 35-40 kg/boar /

• Food: Tinh: 1,3-1,4 kg/day Xanh: 1,0-1,5 kg/day /

• Reproductive stage § Maturity age: Male > 8 months Female > 7 months / § Survival rate: 95-98 % Đ Rate of male-female pairing: ẵ § Food intake level: Tinh: 1,6-1,7 kg/day Xanh: grazing /

• Production of wild boar/sow: § First year of birth: 10-12 boars § Second year of birth: 15-22 boars

• Cost of food/newborn piglets (8 months of birth) reproductive season § First year of birth : 12,4 kg/piglet § Second year of birth: 9,0- 11,6 kg/piglet

3.2.2 Techniques for raising wild boar from birth to 2 months old

This is a very important stage; good or bad farming results will directly affect the efficiency exploit the following ages:

• Breeding cages combined with raising piglets together

Should choose the direction with sunshine, good drainage, high ground The surrounding area is quiet, avoiding noise such as railways, airports, factories, automobile roads The rearing area is designed with a closed cage for brooding and a playground to ensure an area

Wild boar age Cage (m /boar) 2 Playground (m /boar) 2

To ensure the well-being of wild piglets, a well-ventilated coop that maintains warmth is essential A spacious playground of approximately 5 meters is crucial for their instinctive movements Ideally, a biological pad or sandy soil provides a natural substrate while eliminating potential hazards like glass fragments and sharp objects.

From the first 1-3 weeks, the nursery house is lined with straw and hung with leaves so that the wild boar can walk firmly and keep warm From 3 weeks onwards, use rice husk, can use dry sand, shavings to line the foundation

The running function of the wild boar is very important, so when kept on a hard, slippery platform, it will deform and dislocate the legs, leading to high loss Running will benefit pigs by stimulating the digestive system and better resistance to diseases, so the loss rate at this stage is very high

After 24 hours of giving birth, the baby wild boar was brought in by the mother pig to incubate, the coat is not complete, the body temperature is poor so it has to be kept warm

In addition to the umbilical cord no longer provides nutrition, so pigs are susceptible to cold when the temperature is low or the litter is not thick enough, leading to cold stomach that is difficult to digest, inflammation is the main cause of death in the first few weeks

Table 1: Ensure the right temperature

Weeks old Temperature ( o C) Best humidity (%)

Just got to the barn 32 - 35 65 - 70

From 1 month of age, the piglets are trained to gradually adapt to outdoor conditions When brooding, always observe the animal's response to temperature If many animals stay away from the heater (lights) or open their mouth to breathe, the temperature should be reduced, conversely if many animals are gathered near the heat generating area, and the animals on the edge are shivering, it is a low temperature that needs to be increased When warm enough, wild boars move quickly or are scattered and sleep soundly

Humidity of the barn is best kept at 65 - 70%

During the initial month following birth, it is crucial to closely monitor and care for litters of 8-12 piglets Larger litters in wild boar populations can face growth constraints and reduced mobility Unexpected disturbances or harmful stimuli may trigger panic within the group, leading to a stampede and potential injuries and abrasions due to overcrowding.

Light and movement must be appropriate to stimulate the wild boar to eat more, digest well, disease reduction, rapid growth If the weather outside is good and the sun is full, then 20 days old can let wild boars go out to the playground to exercise, sunbathe and practice eating Release time increases slowly day by day

One month old is free to exercise when the weather is good, but when it rains, it's bad so quickly bring them in the barn

At night, maintain light with an intensity of 3 w/m2 so that they can easily eat and drink Wild boar is a running animal, so it is very important for them to move early

Although wild boar has been domesticated for a long time, the issue of nutrition is still current and under investigation At different age stages, the following nutritional needs balanced food portions will give good results

Table 2: Nutritional content in the diet

Fresh food for boars, not rancid, it's best to use pellets to eat without spilling

Feeding troughs are made of concrete or PVC pipes cut in half with edges, do not use troughs with sharp edges can cause foot injuries

To provide hydration for wild boar, drinking troughs or large, flat-surface containers can be employed The water should be uncontaminated and odorless Initially, it's recommended to offer cool or warm water, and ensure the drinking water is readily available by placing a feeding trough.

Wild boars 1-2 days old usually sleep under the heating lamp From the 3rd day onwards, they start walking around the cage and from the 12th day onwards, they start to eat If fresh food is not available, chopped green vegetables will eat anything and lead to intestinal obstruction and death.1 - 30 days old feed 6 times/day

31 - 60 days old feed 4 times/day

61 - 90 days old feed 2 - 3 times/day

For optimal nutrition, provide separate troughs for pure food and green vegetables During the initial weeks, gradually introduce finely chopped young vegetables into the mixed feed to encourage refined food consumption As wild boars reach maturity, they are highly efficient at converting feed into weight gain.

Table 3: Food intake ability and weight

3.3.3 Technique of raising wild boar for meat purposes

ENVIRONMENTAL IMPACT ASSESSMENT

Legal basis

• Law on Environmental Protection No 52/2005/QH11 approved by the National Assembly of the Socialist Republic of Vietnam class XI of the 8th session approved in November 2005;

• Government on detailing and guiding the implementation of a number of articles of the Law on Environmental Protection;

• Decision No 35/Q -BKHCNMT of the Minister of Science, Technology and Đ Environment on June 25, 2002 on the publication of the List of Vietnamese standards on the environment that are mandatory to apply;

• Environmental standards issued by the Ministry of Science, Technology and Environment 1995, 2001 & 2005;

• Decree No 21/2008/N -CP of the Government dated February 28, 2008 on Đ amending and supplementing a number of articles of the Government's Decree No 80/2006/NĐ-CP dated August 9, 2006;

• Decree No 80/2006/N -CP of the Government dated August 9, 2006 on the Đ regulation of detailing and guiding the implementation of a number of articles of the Law on Environmental Protection;

• Decision No 22/2006/Q -BTNMT dated December 18, 2006 of the Ministry of Đ Natural Resources and Environment on the compulsory application of 05 Vietnamese Standards on Environment and abolishing the application of a number of prescribed standards Decision No 35/2002/Q -BKHCNMT dated June 25, Đ

2002 of the Minister of Science, Technology and Environment;

• Decision No 23/2006/Q -BTNMT dated December 26, 2006 promulgating the Đ List of hazardous wastes enclosed with the List of hazardous wastes;

• Circular No 05/2008/TT-BTNMT of the Ministry of Natural Resources and Environment dated December 18, 2008 providing guidance on strategic environmental assessment, environmental impact assessment and commitment environmental protection.

Purpose of the environmental impact assessment report

The goal of an environmental impact assessment is to consider and evaluate the positive and negative factors that affect the environment during the construction of a project and its surrounding area, so that solutions can be proposed to reduce pollution, improve environmental quality, and reduce environmental risks When the project is completed, it must adhere to environmental regulations.

Environmental impact of the project

• Dust and soil may be strewn across the road in the project area as a result of the leveling

• Construction equipment can create a lot of noise and dust

• The collection of construction materials, construction machinery, and construction equipment can have a negative impact on the environment

• Construction workers congregate in large groups, resulting in a considerable amount of garbage and residential waste

• Domestic wastewater of direct construction employees, primarily from construction material gathering sites, is also rare due to the nature of the activity as stated above, and needs to be given more significance than before (However, the project will continue to be served by a temporary septic public toilet.)

Some potential environmental implications after the project is completed and put into operation include:

• Animal excrement has an impact

4.3.3 Environment management and protection solutions

The environmental repercussions of the project are minor, negligible, merely transitory, secondary, and limited in scope, and can be regulated and controlled Here are some environmental protection measures: a During infrastructure and works construction

• Make a construction plan and allocate adequate human resources to minimize overlapping building stages

• By utilizing innovative construction methods, mechanization drastically reduces construction time

• Avoid dumping polluting materials into the environment

• Construction safety precautions, as well as a fair construction duration and order, are in place The construction site is laid out in a practical manner, avoiding overlapping and interfering with one another To reduce noise, generators and generators must be protected Allowing construction water to leak or flow into the construction site might lead to contamination

• The building site must provide safe working and living conditions for workers Workplaces that are well-designed for rest, eating, bathing, medical treatment, and clean hygiene

• Set up barriers to separate the construction zone, post signs at the construction site, and boost the light source if construction is taking place at night

• Pay close attention to the construction power supply routes to ensure that they are extremely reasonable, to minimize leaking causing labor accidents, and to fire prevention and fighting measures on the construction site b Phase one of the project's implementation

• Collection and treatment of waste:

Regions must collect and treat trash before allowing it to be discharged into the environment To avoid damaging the project area's operation and the environment, the collection and treatment of trash must be carried out from construction to operation, and the dismantling process must be stopped The collection and treatment of solid, liquid, and gaseous waste must be divided into three categories

To mitigate waste generated from cattle farming, a comprehensive approach is employed Manure undergoes Biogas treatment, producing gas for various farm operations Wastewater is treated and filtered before discharge into rivers Dry manure is utilized for grass and crop cultivation, while water manure is treated in Biogas cellars and deodorized using microbial products Regular barn cleaning practices, including modern cleaning technologies and microbial treatments, minimize odors Additionally, disinfectant spraying and grass cleaning eliminate breeding grounds for insects and pests These measures ensure proper waste management, protecting the environment and maintaining farm hygiene.

Measures to minimize adverse impacts, prevent and respond to environmental

Common construction activities that contribute to air pollution include: § Use of plant and vehicles on site This depends on the site activities but can include machinery such as breakers, bulldozers, dumpers and excavators Plant and machinery that is used at construction sites is not regulated by the government to the degree that other vehicles are Due to the scale of many construction projects, equipment is often running and polluting for a long time As a lot of this heavy machinery, and other vehicles on site, operate on diesel engines, they release pollutants into the air This includes the gases carbon monoxide, carbon dioxide, nitrogen oxides and hydrocarbons § Land clearing and demolition As land often has to be cleared and made suitable for construction to take place, this process must be done in a way that ensures the impact on the environment is as minimal as possible As well as with the construction of buildings, high levels of dust are generated when land is disrupted and existing buildings demolished § Chemicals It is likely that you will use hazardous chemicals on construction sites This may include paints, glues, oils, thinners and plastics, which all produce noxious vapors

• Reduce wastewater pollution § Monitor and improve your management and disposal of site waste Make sure all waste is correctly dealt with to stop it from spreading § Keep materials such as sand or cement secure Materials must be located where there isn’t a risk of them being washed into waterways or drains § Cover up all drains to prevent waste from ending up in the water § Keep the road and footpath to the site clean at all times This will prevent silt and other pollutants from running off into any bodies of water § Properly collect and treat any wastewater that you produce

• Safety in construction and protection of construction works § Start with safety training

All workers must hold a current white card before they commence work on-site Site-specific induction training should also be completed by each worker, to point out any high-risk areas and provide instructions for emergency management § Minimize and manage risk

Due to the nature of construction work, it's impossible to eliminate all safety risks However, many common safety issues can be avoided by conducting regular safety audits and having procedures in place to report, assess and address potential risks § Site security

Restricted site access should not only be put in place to simply protect equipment from damage or theft Security in and outside of work hours is integral to protect pedestrians from potential construction hazards This includes supervision or authorized site visitors

Strict security and safety protocols will also protect contractors from liability and negligence in the case of a safety incident or security breach § Safe work method assessment

A safe work method statement (SWMS) must be prepared for all high risk construction projects, before work commences The SWMS should outline the scope of work involved, any potential safety issues, and how risks will be prevented and managed By law, construction work must not commence until SWMS standards are met § Use clear signage throughout the site

The site SWMS should be clearly displayed at the construction site, so that all safety protocols are readily available - including a 24 hour emergency contact number and a map or directions to the site office Visible signage should also indicate site amenities (such as toilets), entry and exit points, and first aid or emergency fire equipment § Entry and exit points

Separate entry and exit points should be established for heavy machinery/vehicle access, to strengthen pedestrian safety at high traffic points § Compliant chemical storage

Chemicals need to be stored very carefully to minimize fires, explosions, asphyxiation, chemical injury and pollution on worksites Use high quality, compliant outdoor storage solutions such as explosive storage cabinets to segregate chemicals and reduce spillage § Environmental conditions

Extreme weather conditions can cause serious safety hazards Your on-site emergency plan should provide clear guidelines for workers who need to stop work in the event of natural disaster, severe environmental conditions or other emergency circumstances § First aid

For the construction industry, it's best practice to provide one first aid officer per 25 workers First aid kits and equipment must be placed in an easily accessible area on site § Provide personal protective (PPS) equipment

Employers are legally obligated to provide appropriate personal protective equipment (PPE) for construction site workers, such as high-visibility vests, safety goggles, and safety harnesses To determine the specific PPE requirements for a particular project, consult the guidelines provided by Safe Work Australia Failure to provide adequate PPE can result in increased risk of accidents and injuries on construction sites, particularly those involving dropped objects.

It is your responsibility to secure objects onsite and minimize the risk of them falling This video explains the risks and how they can be avoided by putting preventative safety measures in place

• Ensuring security and order in the region § Thorough risk analysis is essential for the site and should reflect physical security, operational security and changes across each phase of work § Protocols should be put into place to reduce risks identified in the risk analysis § Limiting access, both to vehicles and visitors on foot, is essential in reducing opportunity for unauthorized access Numbers should be limited and only authorized vehicles and persons present – no one, including site workers, should be able to access a site through an open entrance. § Vehicle vulnerability should be addressed with action which includes key protocols so that plant which is temporarily not in use is not left unattended with keys in the ignition All keys should be signed in and out and vehicles not in use should be locked in a separate parking area or garaged on-site All plant should be fitted with immobilization devices and tracking

• Reduce noise pollution § Use quiet power tools and equipment to manage noise pollution Where possible, use modern construction equipment that has been designed specifically to produce less noise § Schedule work during sociable hours rather than when residents are likely to be sleeping For example, between 8 to 6pm on weekdays You could also notify local residents of the working hours and keep them updated on the project § Put acoustic (movable noise) barriers in place to manage the levels of noise pollution § Ensure plant and equipment is properly maintained and operated § Switch off plant when it’s not in use § Ensure employees wear the correct PPE when required to reduce the risk of hearing loss due to excessive noise

• Medical solutions and food hygiene and safety § Obtaining health and safety management certification and compliance

Health and safety compliance means conforming to health and safety laws, regulations, standards and other requirements

ISO 45001, the International Standards Organization's (ISO) Occupational Health and Safety Management System, superseded the BS OHSAS 18001 Health and Safety Management Standard in 2015 Construction stakeholders, including contractors, can attain certification to this standard Compliance with health and safety management standards ensures adherence to best practices, enhancing worker well-being and reducing risks associated with construction activities.

Second, construction stakeholders, such as contractors, can seek to adhere to health and safety standards, such as the ISO 45001 Occupational Health and Safety Management System family of standards

Commitment to take measures to protect the environment

The process of implementing the Project "Sunworld Wild Animal Farm Gia Lai" in Ea Nueng Lake, Pleiku City, Gia Lai Province, Viet Nam may have an influence on the ecosystem around the surrounding areas, according to the environmental impact assessment above However, because the environmental capacity of a 1ha farm is substantial, the level of environmental impact is just relative and has minor consequences

In brief, Sun Group Corporation, the main investor, is committed to executing environmental protection measures in accordance with all levels of government instructions in order to ensure the environment's long-term viability.

MANAGEMENT APPARATUS AND PERSONNEL

Human Resources Need

The employees will be divided as follow:

To prepare for the operational launch of the farm project, the company will establish a dedicated team of personnel responsible for its management and operations The team is expected to comprise a maximum of four farmers, and the estimated cost of recruitment and training for each individual is approximately 300,000 VND per year.

TOTAL PROJECT INVESTMENT

Purpose of setting up total investment

The total investment is used to compute the overall investment cost of the “Sunworld Wild Animal Farm Gia Lai” project as a basis for planning and managing investment capital, as well as measuring the project's investment efficiency.

Basis for making total investment

The total investment for the "Sunworld Wild Animal Farm Gia Lai" project is calculated using the alternatives listed in the project's fundamental design documents, as well as the following criteria:

• Construction Law No 16/2003/QH11 dated November 26, 2003 of the National Assembly of the Socialist Republic of Vietnam;

• Law on corporate income tax of the 12th National Assembly, 3rd session, No 14/2008/QH12 June 3, 2008;

• Law No 32/2013/QH13 of the National Assembly: Law amending and supplementing a number of articles of the Law corporate income tax;

• Decree No 12/2009/N -CP dated 12/2/2009 of the Government on project Đ management investment and construction of works;

• Decree No 209/2004/N -CP dated December 16, 2004 of the Government on Đ Quality Management quantity of construction works and the Government's Decree

No 49/2008/N -CP dated 18/04/2008 amending and supplementing a number of Đ articles of Decree 2009/2004/ND-CP;

• Decree No 99/2007/N -CP dated June 13, 2009 of the Government on Đ management of construction investment costs;

• Decree No 123/2008/N -CP dated December 8, 2008 of the Government detailing Đ the implementation of the Law on Value Added Tax;

• Circular 130/2008/TT-BTT dated December 26, 2008 guiding the implementation of a number of articles of the Law on Corporate Income Tax;

• Circular No 45/2013/TT-BTC issued by the Ministry of Finance on April 25, 2013 guiding the management, use and depreciation of fixed assets;

• Based on the construction investment capital rate issued under Decision 495/Q -Đ BXD dated April 26, 2013 of the Ministry of Construction;

• Other documents of the State related to the preparation of the total investment, total cost estimates and cost estimates of works;

Content

The purpose of the total investment is to calculate the entire investment cost of building the project "Sunworld Wild Animal Farm Gia Lai" as a basis for planning, managing investment capital and determining the effectiveness of the project project investment The total investment of the project is 2,251,095,000 VND (Two billion two hundred and fifty-one million ninety-five thousand VND) including:

• Cost of building the farm

• Cost of buying equipment and machinery

Based on the summary table of the total investment in construction work Construction investment value and infrastructure is 1,147,000,000 VND

• Project site: Total farm area: 10,000 m (1ha) 2 § Area for raising turtles and fish: 3,000m 2 § Area for raising other animals: 3,000 m 2 § Area for growing grass and fruit trees: 2970 m 2 § Area of housing for employees: 30m 2 § Area of internal roads: 1,000 m 2

To ensure that all of the products are of the highest quality The following should be ensured during the farm construction and equipment installation process:

• To meet the climate and environment of the breed, ponds for raising turtles and fish must be well ventilated and have three levels: vertical, sloping, and pond bottom The farm set aside 2000 m for turtle rearing (2 fish per m ), with 1000 m allocated 2 2 2 to each pond To ensure pond hygiene, more wastewater treatment systems should be built Trees have been planted around the pond to provide shade and fruit All of the pieces fulfill the same design requirements and work together to form a complete system

• There are three vertical stalls in the commercial ostrich farming area, three rows of stables (each row of 20 cells), two rows of stables (20 cells each) in the silk-raising region, and two rows of stables (20 cells each) in the gilding area (each row) a 10- cell range) With a total area of 2,000 m2 (20 x 100), it is divided into two sections: § The house has a 364 m (2.6 x 140) footprint and is constructed with brick 2 walls, corrugated iron, sand beneath the biological padding, and a feeding trough A 1.2m high partition divides the cages in the middle This is an area where wild boars can take refuge from the rain, the sun, and eat and rest in inclement weather § The remaining 1,680 m playground space is encircled by B40 steel mesh, 2 with sand-filled ground that is not mixed with gravel

Worksheet for construction and equipment installation

Unit price (VND) Pre-tax value VAT Value after tax

Area for raising turtles and fish

Pond for raising turtles for meat (4000 heads) pond 1,5 1,500 2,000 70,000 127,273 12,727 140,000

Area for raising other animals

Land for raising wild boars (100 heads) includes: lodge 10 3000 3000 315,909 31,591 347,500

(iron frame, corrugated iron roof, red sand,

Power station system, wastewater treatment system station 3 200 400 10,000 27,273 2,727 30,000

Area of housing for employees m 2 1 30 30 1,700 46,364 4,636 51,000

Area for growing grass and fruit trees m 2 2,970

Equipment is 78,000,000 VND including: electricity and water system; water pumps; food machine

Table of purchasing machinery and equipment

Pre-tax value VAT Value after tax Area for raising turtles and fish 18,182 1,818 20,000

Food pick up machine pc 1 50,000 45,455 4,545 50,000

Area for raising other animals 3,636 364 4,000

6.3.3 Land rental cost: land lease period is 20 years is 404,250,000 VND

In the first year, the farm plans to pilot two breeds: turtles and wild boar The number of turtles raised is 4,000; Wild boar is 100 The reproductive cycle of turtles is 1 year, ostrich is 6 months During the breeding process, when reaching adulthood, the farm will separate good seed to raise separately and breed new and expand to raise other animals: monitor lizards, porcupines, chickens with algae, birds, etc

=> Cost to buy seed = 417,200,000 VND

Provision for fees is equal to 5% of construction and installation costs, equipment costs, in accordance with Circular No 05/2007/TT-BXD dated July 25, 2007 of the Ministry of Construction on “Guidelines for setting up and managing costs construction investment projects”

=> Contingency expenses (Gxd+Gtb) x 10% = 204,645,000 VND

Result of total investment

Number Category Pre-tax value VAT After tax value

3 Cost of renting land for 20 years 367,500 36,750 404,250

INVESTMENT CAPITAL OF THE PROJECT

Investment plan

The project will be implemented from the third quarter of 2022 to the first quarter of 2023, including:

• The investment preparation phase in the third quarter of 2022 and the fourth quarter of 2022 will be leased for 10 years for stocking

• Construction phase is 2023: Investment plan for farm construction and procurement of machinery and equipment and small harvests

• The stage of selecting and purchasing new breeds, reforming genetic resources: In the first quarter of 2023, the project begins to harvest large and develop rapidly.

Progress of Using Capital

This investment's total capital comes 100% from the investor (Sun group Corporation) The construction progress of the project is detailed in the following table:

Working capital

In addition to the initial investments in farm construction and procurement of machinery and equipment, when the project comes into operation, additional working capital is required Working capital is the cash expression of all current assets in the production process of the factory The project's working capital includes accounts receivable equal to 20% of sales, payables equal to 10% of operating expenses, and a cash balance requirement equal to 15% of sales

ANALYSIS OF ECONOMIC EFFICIENCY

Economic Assumptions and Calculations

The above assumed parameters are used to calculate the economic efficiency of the project on the basis of calculations of implemented projects, documents related to selling prices, documents provided from the Investor, specifically can be as follows:

The main livestock of the farm: tortoise, ostrich, fish, iguana, skunk, weasel, peacock, wild chicken The number of breeding stock per crop of the farm is shown as follows:

Breeds Quantity Unit Price Price Survival rate

With the same amount of breeding as above, the breeding quantity of the animals is distributed according to the plan as follows:

Category Rate Quantity Number of newborn

Table of buying new breeds over the years

According to the reproductive cycle of animals raised for breeding, the time and number of breeding animals will be according to the following estimated table:

Number Category Giving birth year

1 Tortoise (from month 4 to month 9) 1 4 10 40 24

• Employee salary costs: The employee's salary regime includes: § Basic salary and allowances § Health insurance, social insurance, unemployment insurance: 22% § Number of months with salary: 13 months § Annual salary increase: 5%/year

Salary system of the department

Number Title Quantity Monthly salary

Employee salary table for the first 5 years of the project

The depreciation calculation for fixed assets is governed by Circular No 45/2013/TT-BTC, issued by the Ministry of Finance on April 25, 2013, which outlines the management, use, and depreciation of permanent assets This circular provides specific depreciation periods for different types of assets.

Construction Cost 20 Straight Line Depreciation

Equipment cost 10 Straight Line Depreciation

Category Tortoise Ostrich Fish Forest

Amount of refined food/unit/year (kg) 3 288 1.3 3 3

Amount of green food/unit/year (kg) 0 480

Other Food (fish, by- products)/unit/year/kg 57 2

Drugs & Vaccines Price (per unit) 5 6 5 5 5

• Electricity and water costs: 3% of revenue

• Cost of site construction renovation at: 1%

• Cost of social insurance, health insurance, unemployment insurance

• Waste treatment cost: 1% of revenue The cost of cleaning the barns, breeding ponds, buying disinfectants to clean the water source before stocking

Table of operating costs of the farm for the first 5 years

According to the market price survey, the selling prices of livestock are as follows:

Number Revenue Price Unit Season/Year Weight(kg)/ unit/season

1 Tortoise for butcher 110 Thousand VND/ kg/unit/season 1 0.8

2 Boar 160 Thousand VND / kg/ season 1 90

3 Algae Chicken 350 Thousand VND /unit / season 2

4 Hedgehog 250 Thousand VND / kg/ season 1 7

Detailed table of the farm's revenue from the sale of meat in the first year:

Number Projected Revenue Butcher Revenue

Economic efficiency

• Raising plan of the farm

Project revenue table for the first 5 years of the project

The performance analysis project is 15 years: from 2022 to 2037

The operation period of the farm is 20 years: from 2022 to 2042

According to Law No 32/2013/QH13 of the National Assembly: Law amending and supplementing a number of articles of the Law on corporate income tax, promulgated on June 19, 2013, effective from January 1, 2014 on supplementing added to the application of the preferential tax rate of 10% for incomes from planting, tending and protecting forests; agricultural, forestry and fishery farming in difficult areas; production, multiplication and crossbreeding of plant and animal varieties; salt production, mining and refining, except for salt production by cooperatives, which are tax-exempt; investment in post-harvest preservation of agricultural products, preservation of agricultural, aquatic products and foodstuffs

Specifically, for the project "Sunworld Wild Animal Farm Gia Lai" invested in T’Nung Lake, Pleiku city, Gia Lai province, the applicable corporate income tax is 10%

Income Before Income Tax Expense 79,679 659,802 743,843 845,152 Corporate Income Tax (10%) 7,968 65,980 74,384 84,515

8.2.3 Cash flow statement from total investment point of view (TIPV)

Total Cash Inflow 0 0 1,347,005 1,878,866 2,004,750 2,104,987 CASH OUTFLOW

NCF before Tax -61,143 -1,347,536 -761,173 673,097 769,212 870,179 Corporate Income Tax

PV of NCF -61,143 -1,199,307 -608,938 477,899 492,296 496,002 Cumulative NPV -61,143 -1,260,450 -1,869,388 -1,391,489 -899,193 -403,191

2 Net Present Value (NPV) 3,601,171,000 VND

3 Internal rate of return (IRR) 33%

4 Breakeven point (Quarter) 6 years 10 months

The effectiveness analysis of the project is 15 years; however, the project operates with a long term of 20 years

Cash inflows include: total annual revenue; value of assets liquidated assets, amounts receivable, inventory output

Cash outflows include: initial investment expenses such as construction and installation, procurement of equipment and machinery; annual operating expenses (excluding depreciation costs); taxes paid to the State budget

Based on the results of cash inflows and outflows, we calculate financial ratios, and the results show:

The present net income of the project is: NPV = 3,601,171,000 VND > 0 The internal rate of return is: IRR = 33% > WACC

The payback period is 6 years and 10 months, but the above time includes construction time

=> The project has a high internal rate of return and high investment efficiency Through the process of planning, analyzing and calculating the above financial indicators, it shows that the project brings high profits to the investor, the internal rate of return is also higher than the expectation of investors, and the ability to Quick capital recovery.

Evaluation of socio-economic efficiency

The "Sunworld Wild Animal Farm Gia Lai" project has had many positive impacts on the economic and social development of the region and Gia Lai province Contributing to the development and growth of the national economy in general and the region in particular State and local budget revenues from VAT, corporate income tax

Through analysis of investment efficiency, the project is still very feasible through financial parameters such as:

NPV = 3,601,171,000 VND; The internal rate of return is: IRR = 33%; breakeven time after 6 years and 10 months (excluding 02 years of preparation and construction) This shows that the project brings high profits to investors, great confidence when the ability to recover investment capital is fast In addition, the project also contributes greatly to the State budget, solving a large number of labor force for the locality in particular and the country in general

The "Sunworld Wild Animal Farm Gia Lai" project in Ea Nueng Lake, Pleiku city, Gia Lai province, not only meets economic needs for the investor, but also meets social needs by contributing to wildlife conservation and generating momentum for the province's livestock industry, all while contributing significantly to the country's industrialization and modernization

The capital use plan, investment costs, operation costs, and revenue sources all indicate that the project is financially feasible

Our investors require the help of the authorities and departments in order for the project to be successful The investor is hoping that the agencies will assist in the approval of the land lease and the start-up of the business