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Deal #1166

Location #1

Spatial accuracy level
Administrative region
Location
Cuvette, Congo

Target country
Congo, Rep.
Comment on location
Cuvette, Makoua & Mokeko Coordinates: -0.00549316405408165, 15.611572265625

Location #2

Spatial accuracy level
Administrative region
Location
Makoua, Congo

Target country
Congo, Rep.

Location #3

Spatial accuracy level
Administrative region
Location
Mokeko, Congo

Target country
Congo, Rep.

Land area

Intended size (in ha)
470000
Comment on land area
the contract mentions a first share of 80 000 with extension to 200 000 ha. Apparently there were several agreements: According to Hall (LDPI) “In October 2009 the government of the Congo signed an agreement with AgriSA in terms of which it allocated to a consortium of South African commercial farmers an initial area of 200,000 hectares of former state farms, with the option of expanding to 10 million hectares. (…) Although initially mooted as a 99-year lease, it appears that a renewable 30 year lease was signed (…) on 8 May 2010, the governments of South Africa and Congo concluded a new bilateral investment treaty, expanding the terms of pre-existing cooperation agreements dating from 2003 and 2005 (...) Next, pro forma ‘Government to Farmer’ contracts were drawn up by AgriSA and Congo authorities (…) The first contracts for 88,000 hectares, were concluded between the South African farmers and the Congolese Ministries of Agriculture, Livestock and Land at a ceremony at Point-Noire on 10 March 2011.” (1167_7: 5 ff.)

Intention of investment

Intention of investment
Biofuels
Comment on intention of investment
180000 of palm groves, & 290000 for ancillary industries, for industrial production of palm oil estimated at 90000 tonnes per year

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Comment on implementation status
Atama says it will develop palm oil plantations on 180,000ha

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
20000

Operating company

Operating company

 

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Data source #1

Data source type
Media report
File
Date
01:01:2011

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: 0

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