Deal history comparison #1769

Previous version (123230)

Selected version (124030)

Location #1

Target country
Senegal

Location #1

Spatial accuracy level
Country
Location
Vallee du Senegal, Senegal

Target country
Senegal

Land area

Intended size (in ha)
400,000
Comment on land area
The goverment is in talks with Saudi Arabia now and they are offering them 400,000 hectares of farmland to lease on long term basis in Senegal

Land area

Intended size (in ha)
116,435

Intention of investment

Intention of the investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Failed (Negotiations failed)
Comment on negotiation status
the Saudi investors have since pulled out of the project, citing financing problems, and that the government of Senegal is now looking for other investors to carry the project forward.

Operating company

Operating company

Operating company

Comment on investment chain
Apparently the Saudi royal family was involved

Data source #1

Data source type
Media report
Date
2011-01-01

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Media report
File

Data source #1

Data source type
Media report
File

Displacement of people

Comment on displacement of people
These lands, most of which are farmed by families with access to less than a hectare, produce 70% of the national rice harvest and provide livelihoods for an estimated 600,000 people. But the area is also of vital importance for pastoralists and the production of other grains, such as sorghum, both of which tend to compete directly with the expansion of irrigation.

Former land use

Former land use
Smallholder agriculture
Pastoralism

Former land cover

Former land cover
Cropland
Marginal land

Detailed crop, animal and mineral information

Crops area
Rice

Use of produce

Has domestic use
Yes
Domestic use
30
Has export
Yes
Export
70
Country 1
Saudi Arabia

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
they would get the 50,000 or so ha of irrigated lands that are presently in production and another 14,207 ha of irrigated lands that require rehabilitation. They would also acquire a further 52,228 ha in the districts of Dagana, Podor, Matam and Bakel for the extension of irrigation

Source of water extraction

Source of water extraction
Surface water (River)
Comment on source of water extraction
Senegal river

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: 0

Overall comment

Overall comment