Deal history comparison #3538

Previous version (129840)

Selected version (129870)

Location #1

Spatial accuracy level
Administrative region
Location
Kalpitiya, Sri Lanka

Target country
Sri Lanka
Comment on location
Western Province of Sri Lanka; Ippantivu Island

Location #1

Spatial accuracy level
Exact location
Location
Ippantivu, Sri Lanka

Latitude
8.3299065
Longitude
79.80515949999995
Target country
Sri Lanka
Comment on location
Western Province of Sri Lanka; Ippantivu Island

Intention of investment

Intention of investment
Tourism

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2010] In operation (production)

Leasing fees

Annual leasing fee currency
Euro (€)
Annual leasing fee type
for specified area
Comment on leasing fees
Rs. 14 million for the first five years

Land area

Size under contract (leased or purchased area, in ha)
[2010] 121

Intention of investment

Intention of investment
Tourism

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2010] Startup phase (no production)
Comment on implementation status
Reports from 2011 state that work on the island has begun.

Leasing fees

Annual leasing fee currency
Sri Lanka Rupee (₨)
Annual leasing fee type
for specified area
Comment on leasing fees
Rs. 14 million for the first five years

Contract #1

Duration of the agreement (in years)
30

Contract #1

Duration of the agreement (in years)
30

Operating company

Name of investment project
Kalpitiya Dutch Bay Resort Development Project

Operating company

Name of investment project
Kalpitiya Dutch Bay Resort Development Project

Data source #1

Data source type
Media report
File
Date
2012-10-04

Data source #2

Data source type
Media report
File
Date
2012-04-12

Data source #3

Data source type
Crowdsourcing
File
Date
2011-03-27

Data source #1

Data source type
Media report
File
Date
2012-10-04

Data source #2

Data source type
Media report
File
Date
2012-04-12

Data source #3

Data source type
Crowdsourcing
File
Date
2011-03-27

Data source #4

Data source type
Media report
File
Date
2011-02-06

Data source #5

Data source type
Government sources
File
Date
2015-03-19

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

How did the community react?

Comment on community reaction
One source reports displacement of fighermen, however, it refers to Lipanti Island, not Ippantivu.

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Smallholder agriculture
Other
Comment on former land use
traditional fishing and farming

Former land cover

Former land cover
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
beach

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Smallholder agriculture
Other
Comment on former land use
traditional fishing and farming

Former land cover

Former land cover
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
beach

Overall comment

Overall comment
new deal -DONE