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Deal #1164 Version #92084

Congo, Rep.

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Created at

2013-02-15

Last update

2024-03-08

Last full update

2024-03-08

Land area

Intended size

70 000 ha

Size under contract (leased or purchased area)

[current] 70000 ha

Comment on land area

Italian energy corporation ENI plans palm oil plantation of 70,000 ha.

Intention of investment

[current] Agriculture unspecified (70000 ha)

Nature of the deal

Lease

Negotiation status

[2009] Intended (Under negotiation)
[current] Failed (Negotiations failed)

Comment on negotiation status

MoU signed in 2009 A Memorandum of Understanding on a Food Plus Biodiesel project outlines a framework for collaboration in the use of vegetable oils from palm tree cultivation on approximately 70,000 unfarmed hectares in the Niari region,