Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1060

Deal #1060 Version #50910

Argentina

Created at

2013-02-15

Last update

2013-10-14

Last full update

2024-04-29

Land area

Size under contract (leased or purchased area)

[2000, current] 230000.0 ha

Size in operation (production)

[2010, current] 20000.0 ha

Comment on land area

The land was acquired from a bidding process started in 1998 and concluded in 2000 for 362000 hectares (the land was in Salta Forestal S.A hands before its privatization). 132000 hectares are with Agropecuaria Cervera S.A. since 2003.

Intention of investment

[current] Food crops

Nature of the deal

Lease

Comment on nature of the deal

At the begining the 362000 hectares were acquired through a bidding process for Ecodesarrollo Salta. After, in 2003 the right were divided with Agropecuaria Cervera S.A.

Negotiation status

[2000, current] Concluded (Contract signed)

Implementation status

[2010, current] In operation (production)

Comment on implementation status

Just 20,000 hectares are in production

Purchase price

Comment on purchase price

There is a investment commitment for 16 millions Pesos in the first 30 concesion years.for the whole area and a canon payment of US$45000 per year