Deal history comparison #3811

Previous version (125784)

Selected version (125970)

Location #1

Spatial accuracy level
Administrative region
Location
Somawathie Chaitiya Sanctuary, Sri Lanka

Target country
Sri Lanka

Location #1

Spatial accuracy level
Administrative region
Location
Somawathie Chaitiya Sanctuary, Sri Lanka

Target country
Sri Lanka

Land area

Size under contract (leased or purchased area, in ha)
[2011] 4694
Size in operation (production, in ha)
[2011] 1500
Comment on land area
2,023 ha had been cleared in 2011

Intention of investment

Intention of the investment
Food crops, Livestock, Tourism

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
clearing started without permission

Implementation status

Implementation status
[2011] Startup phase (no production)
Comment on implementation status
In consequence of protests in November 2011 Dole (secondary investor) said it had cancelled its agreement with Letsgrow (primary investor) and requested the latter to remove the established banana plantation. In june 2012 however it was reported that Letsgrow continued its operations with the backing of the Army.

Land area

Size under contract (leased or purchased area, in ha)
[2011] 4694
Size in operation (production, in ha)
[2011] 1500
Comment on land area
2,023 ha had been cleared in 2011

Intention of investment

Intention of the investment
Food crops, Livestock, Tourism

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
clearing started without permission

Implementation status

Implementation status
[2011] Startup phase (no production)
Comment on implementation status
In consequence of protests in November 2011 Dole (secondary investor) said it had cancelled its agreement with Letsgrow (primary investor) and requested the latter to remove the established banana plantation. In june 2012 however it was reported that Letsgrow continued its operations with the backing of the Army.

Operating company

Operating company

Data source #1

Data source type
Media report
File
Date
2011-01-01

Data source #2

Data source type
Media report
File
Date
2011-11-10

Data source #3

Data source type
Media report
File
Date
2012-01-01

Data source #4

Data source type
Media report
File
Date
2012-06-14

Data source #5

Data source type
Media report
File
Date
2011-11-09

Data source #1

Data source type
Media report
File
Date
2011-01-01

Data source #2

Data source type
Media report
File
Date
2011-11-10

Data source #3

Data source type
Media report
File
Date
2012-01-01

Data source #4

Data source type
Media report
File
Date
2012-06-14

Data source #5

Data source type
Media report
File
Date
2011-11-09

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Forestry
Conservation
Comment on former land use
was part of the Somawathi National Park

Former land cover

Former land cover
Forest land

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Forestry
Conservation
Comment on former land use
was part of the Somawathi National Park

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Banana

Detailed crop, animal and mineral information

Crops area
Banana