Deal history comparison #4162

Previous version (146235)

Selected version (147139)

Location #1

Spatial accuracy level
Administrative region
Location
West Kalimantan, Indonesia

Target country
Indonesia

Location #1

Spatial accuracy level
Administrative region
Location
West Kalimantan, Indonesia

Target country
Indonesia

Land area

Size under contract (leased or purchased area, in ha)
[2008] 90000
Size in operation (production, in ha)
[2012] 34492
Comment on land area
- In 2008 First Resources acquired 90,000 hectares of landbank in West Kalimantan. - Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan.

Intention of investment

Intention of investment
Biofuels, Non-food agricultural commodities, Agriculture unspecified

Negotiation status

Negotiation status
[2008] Concluded (Oral Agreement)

Implementation status

Implementation status
[2008] In operation (production)

Land area

Size under contract (leased or purchased area, in ha)
[2008] 90000
Size in operation (production, in ha)
[2012] 34492
Comment on land area
- In 2008 First Resources acquired 90,000 hectares of landbank in West Kalimantan. - Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan.

Intention of investment

Intention of investment
Biofuels, Non-food agricultural commodities, Agriculture unspecified

Negotiation status

Negotiation status
[2008] Concluded (Oral Agreement)

Implementation status

Implementation status
[2008] In operation (production)

Operating company

Comment on investment chain
First Resources operates its plantations in Indonesia through various subsidiaries.

Operating company

Comment on investment chain
First Resources operates its plantations in Indonesia through various subsidiaries.

Data source #1

Data source type
Company sources
File
Date
2013-10-31

Data source #2

Data source type
Company sources
File
Date
2013-10-31

Data source #3

Data source type
Company sources
File
Date
2013-10-31

Data source #4

Data source type
Company sources
File
Date
2012-12-31

Data source #5

Data source type
Media report
File
Date
2015-06-01

Data source #6

Data source type
Media report
File
Date
2014-09-22

Data source #1

Data source type
Company sources
File
Date
2013-10-31

Data source #2

Data source type
Company sources
File
Date
2013-10-31

Data source #3

Data source type
Company sources
File
Date
2013-10-31

Data source #4

Data source type
Company sources
File
Date
2012-12-31

Data source #5

Data source type
Media report
File
Date
2015-06-01

Data source #6

Data source type
Media report
File
Date
2014-09-22

Consultation of local community

Community consultation
Limited consultation

Consultation of local community

Community consultation
Limited consultation

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan. (2015) Facing environmental complaints

Overall comment

Overall comment
Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan. (2015) Facing environmental complaints