Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1141

Deal #1141 Version #85452

Cameroon

Created at

2013-02-15

Last update

2022-02-09

Last full update

2024-03-05

Land area

Intended size

25 000 ha

Size under contract (leased or purchased area)

6720 ha
[2006, current] 11980 ha

Size in operation (production)

[2017, current] 24442 ha

Comment on land area

One source states area under contract is 18700 hectares. Contract states 11980 hectares.Original land size under government plantation was 6720hectares. The company was granted an additional 5260hectares thus bringing the total size for the land deal up to 11980 hectares. Another data source states size under contract is 12000ha. Still, other data sources state a size of 21500ha while the forest atlas of 2016 shows a surface of 64815ha

Intention of investment

[2006, current] Biomass for biofuels, Food crops, Renewable energy unspecified (11980 ha)

Nature of the deal

Lease

Negotiation status

[2006, current] Concluded (Contract signed)

Comment on negotiation status

prolongable

Implementation status

[2006, current] In operation (production)

Comment on implementation status

Previously government owned, started in 1965.

Leasing fees

Annual leasing fee

77 354 860

CFA Franc BEAC

for specified area

Comment on leasing fee

77354860 FCFA/year for area of 11980ha: 40% to state, 40% to municipalities 20% to villages. Data from contract.