Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1113
Deal #1113 Version #51241
Benin
Created at
2013-02-15
Last update
2020-06-29
Last full update
2024-03-06
Land area
Intended size
5 200 ha
Size under contract (leased or purchased area)
- [2003, current] 5200.0 ha
Comment on land area
Another source states size under contract is 4800ha. It is understood that the 4800ha is the planted area and the remainder for infrastructure.
Intention of investment
Intention of investment
- [current] Biomass for biofuels, Food crops, Renewable energy unspecified (5200.0 ha)
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2003, current] Concluded (Contract signed)
Comment on negotiation status
The company is renegotiating the contract to enable them to source cassava from local farmers for ethanol production.
Implementation status
Implementation status
- In operation (production)
- [2020, current] In operation (production)
Comment on implementation status
Previously state-owned enterprise. The factory was run down- Complant agreed to invest in the complex to rehabilitate the complex. Still operational in 2020.
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Comment on contract farming
Cassava is sourced from local farmers.