Deal history comparison #4978

Previous version (135823)

Selected version (139657)

Location #1

Spatial accuracy level
Exact location
Location
Inongo, Democratic Republic of the Congo

Latitude
-2.401690549240262
Longitude
18.505370398437435
Target country
Congo, Dem. Rep.

Location #1

Spatial accuracy level
Exact location
Location
Inongo, Democratic Republic of the Congo

Latitude
-2.401690549240262
Longitude
18.505370398437435
Target country
Congo, Dem. Rep.

Land area

Intended size (in ha)
185,171
Size under contract (leased or purchased area, in ha)
[2012] 185171
Comment on land area
Another source states 179300ha, but contract states 185171ha.

Intention of investment

Intention of investment
Forestry unspecified

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Forest Concession Contract. Contract is renewable. The current contract expires on 26.04.2037

Negotiation status

Negotiation status
[2012] Concluded (Contract signed)
Comment on negotiation status
Concession contract number 048/12. Another source indicates contract number is 024/05 (year is 2005). Contract states 2012.

Implementation status

Comment on implementation status
Not clear

Leasing fees

Comment on leasing fees
The company must pay the fee of forest area related to the operation of the concession. The rate of royalty payable area for the duration of this contract is that set by Article 1 of the Ministerial Decision No. 010

Contract farming

Contract farming
No

Land area

Intended size (in ha)
185,171
Size under contract (leased or purchased area, in ha)
[2012] 185171
Comment on land area
Another source states 179300ha, but contract states 185171ha.

Intention of investment

Intention of investment
Forest logging / management (for wood and fibre)

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
Forest Contract. Contract is renewable. The current contract expires on 26.04.2037

Negotiation status

Negotiation status
[2012] Concluded (Contract signed)
Comment on negotiation status
Concession contract number 048/12. Another source indicates contract number is 024/05 (year is 2005). Contract states 2012.

Implementation status

Comment on implementation status
Not clear

Leasing fees

Comment on leasing fees
The company must pay the fee of forest area related to the operation of the concession. The rate of royalty payable area for the duration of this contract is that set by Article 1 of the Ministerial Decision No. 010

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
25

Contract #1

Duration of the agreement (in years)
25

Operating company

Operating company

Operating company

Operating company

Data source #1

Data source type
Contract
File
Date
2012-04-27

Data source #2

Data source type
Government sources
File
Comment on data source
Map of concessions in DRC.

Data source #1

Data source type
Contract
File
Date
2012-04-27

Data source #2

Data source type
Government sources
File
Comment on data source
Map of concessions in DRC.

Consultation of local community

Comment on consultation of local community
The contract calls for community consultation. However, there is no information on whether this has been done.

Displacement of people

Comment on displacement of people
The contract stipulates that the company must respect the traditional use rights of local communities and / or indigenous peoples bordering the concession. However, no indication on whether this is being adhered to.

Promised benefits for local communities

Comment on promised benefits for local communities
The contract contains provisions on socio-economic development and social services that the company must provide for the local population. However, there is no information on whether this has been/will be provided.

Consultation of local community

Comment on consultation of local community
The contract calls for community consultation. However, there is no information on whether this has been done.

Displacement of people

Comment on displacement of people
The contract stipulates that the company must respect the traditional use rights of local communities and / or indigenous peoples bordering the concession. However, no indication on whether this is being adhered to.

Promised benefits for local communities

Comment on promised benefits for local communities
The contract contains provisions on socio-economic development and social services that the company must provide for the local population. However, there is no information on whether this has been/will be provided.

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)