Deal #10199

Land area

Intended size

728.4 ha

Size under contract (leased or purchased area)

[2013, current] 728.4 ha

Comment on land area

The investment is operating under Leasehold for 242.8 hectares and also attained a license for 728.4 hectares offered by the government through the from National Livestock Resource Research Institute (NALIRRI).

Intention of investment

[2013, current] Food crops, Non-food agricultural commodities, Industry (728.4 ha)

Comment on intention of investment

Food Crops, Biofuels, renewable energy, for carbonsequestration, for wood and fibre, conservation, industry,non- food agricultural Commodities, agr-unspecified.

Carbon offset project

No

Nature of the deal

Lease

Comment on nature of the deal

The investment is operating under Leasehold for 242.8 hectares and also attained a license for 728.4 hectares offered by the government through the from National Livestock Resource Research Institute (NALIRRI).

Negotiation status

[2013, current] Concluded (Contract signed)

Comment on negotiation status

Contract was signed in 2013.

Implementation status

[2018] In operation (production)
[2021] Project abandoned
[2023, current] In operation (production)

Comment on implementation status

The Sukulu Phosphate Mining Project has faced several challenges since its inception. In 2021, the project was halted due to a lack of funding from the Industrial and Commercial Bank of China, raising doubts about its long-term viability. Although there was an attempt to restart production in July 2023, this effort lasted only a week before the project was once again halted, causing concern among local leaders and the district's population. Additionally, the project has been entangled in legal controversies and corruption issues, further complicating its progress.