Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1098

Deal #1098 Version #92029

Angola

Created at

2013-02-15

Last update

2024-03-04

Last full update

2024-03-13

Land area

Intended size

81 201 ha

Size under contract (leased or purchased area)

[2006] 30000 ha
[2016, current] 81201 ha

Size in operation (production)

[2012] 1000 ha
[2013] 1450 ha
[2015] 11000 ha
[2021] 27700 ha
[2023, current] 34366 ha

Comment on land area

Various reports state different size under contract: 32000, 42000, 40000 and 50000. Ultimately 25000 hectares will be planted. One report states that the total area of the sugar cane farm is 70,000 ha of which 11,000 ha is currently being used. Biocom occupies a total area of 81,201 hectares. Of this total, 70,106 are cultivable and 11,095 are reserved for permanent preservation of the local fauna and flora. The shapefile indicates an area in operation of 34366 ha.

Intention of investment

[2006] Biomass for biofuels, Food crops, Renewable energy unspecified (30000 ha)
[2016, current] Biomass for biofuels, Food crops, Renewable energy unspecified (81201 ha)

Comment on intention of investment

Around 70% of Biocom’s sugar cane is turned into sugar. The remaining 30% is used for ethanol and the production of electricity. Production of white sugar, ethanol for the beverage, hygiene and hospital industries, as well as renewable electrical power.

Nature of the deal

Lease

Negotiation status

[2006, current] Concluded (Contract signed)

Comment on negotiation status

The company already started operations

Implementation status

[2012, current] In operation (production)

Comment on implementation status