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Deal #135

Location #1

Location
Shandong Province

Target country
China
Comment on location
Shandong Province

Land area

Size under contract (leased or purchased area, in ha)
100

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
Comment on negotiation status
The total investment planned comes to US$18m and 300 ha.

Implementation status

Implementation status
In operation (production)
Comment on implementation status
The total investment planned comes to US$18m and 300 ha.

Contract #1

Duration of the agreement (in years)
50

Operating company

 

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Data source #1

Data source type
Media report
File
Includes in-country-verified information
Yes

Data source #2

Data source type
Personal information
Includes in-country-verified information
Yes

Displacement of people

Comment on displacement of people
800 farmers

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
The land has been leased from 800 local farmers for an annual rental fee of 12,000 yuan (1,500 U.S. dollars) per hectare.

Detailed crop, animal and mineral information

Crops area
Fruit (unspecified), Vegetables (unspecified)

Use of produce

Has domestic use
Yes
Has export
Yes

How much water is extracted?

Comment on how much water is extracted
JPN

Overall comment

Overall comment
Import of other remarks regarding the investment: The new venture is registered as Shandong Asahi Green Source High-tech Farm Co. at the local bureau of industry and commerce. The company plans to employ local farm labourers.

July 17, 2017, 7:18 a.m.

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Aug. 12, 2016, 7:58 p.m.

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Sept. 17, 2013, 8:57 p.m.

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March 8, 2013, 2:50 p.m.

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March 8, 2013, 2:50 p.m.

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March 8, 2013, 11:08 a.m.

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Feb. 15, 2013, 4:59 p.m.

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