Deal #1391

Location #1

Spatial accuracy level
Administrative region
Location
Maryland, Liberia

Target country
Liberia
Comment on location
85800acres in Du and Farmington district, 19360 acres in Cavalla area, 27470acres in Harbel, Montserrado area plus some smaller concessions totalling 138349acres

Land area

Intended size (in ha)
48153
Size under contract (leased or purchased area, in ha)
[2008] 48153

Intention of investment

Intention of investment
Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)
Comment on negotiation status
7 years rehabilitation, 26 years regular operation

Implementation status

Implementation status
[2008] Startup phase (no production)
Comment on implementation status
Old rubber plantation which needs to be rehabilitated. Aim to complete replanting of the entire farm by 2033.

Leasing fees

Annual leasing fee
5
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha
Comment on leasing fees
US$2.00/acre/year. In the period 1 July 2010-30 June 2011 the company paid US$237,980 in surface rental (i.e. US$4.94/ha)

Contract farming

Contract farming
No

Contract #1

Contract date
2008-03-31
Duration of the agreement (in years)
33

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
7000
Comment on jobs created (domestic)
The company laid off 500 workers at its plantation in 2016. "This represents about 7 percent of the plantation workers".

Operating company

Operating company
Comment on investment chain
Firestone Natural Rubber Company, LLC, parent of Firestone Liberia, traces its origins back to 1926 when The Firestone Tire & Rubber Company first established a natural rubber production facility in Liberia

 

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Data source #1

Data source type
Contract
File
Date
2008-03-31
Open Contracting ID
ocds-591adf-0966186576
Comment on data source
An act ratifying the amended and restated concession agreement between the Republic of Liberia and Firestone Liberia Inc.

Data source #2

Data source type
Company sources
File
Comment on data source
Company website

Data source #3

Data source type
Government sources
File
Comment on data source
Leiti Ernst & Young

Data source #4

Data source type
Media report
File
Date
2015-08-26
Comment on data source
Farmland Grab-- Questions we need to ask about what would be the second largest rubber plantation in Africa

Data source #5

Data source type
Company sources
File
Comment on data source
FIRESTONE NATURAL RUBBER CO

Data source #6

Data source type
Media report
File
Date
2014-11-18
Comment on data source
A new investigation into Firestone's rubber plantation sheds light on Liberia's civil war

Data source #7

Data source type
Media report
File
Date
2016-01-08
Comment on data source
Firestone Liberia plantation to lay off 500 workers

Data source #8

Data source type
Media report
File
Date
2016-11-30
Comment on data source
Burnt rubber: Firestone cuts back in Liberia

Data source #9

Data source type
Other (Please specify in comment field)
File
Comment on data source
Liberia National concession portal

Data source #10

Data source type
Media report
File
Publication title
Firestone Eyes Exclusive Right for Rubber Production in Liberia
Date
2019-05-27

Promised benefits for local communities

Promised benefits for local communities
Health

Former land use

Comment on former land use
Rubber plantation

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Rubber tree

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Old plantation in need of rehabilitation. In June 2018, Firestone Liberia was found guilty of being in violation of its Concession Agreement, by selling hevea rubber wood, furniture and growing coffee and cocoa.

May 28, 2019, 9:40 a.m.

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March 19, 2019, 1:30 p.m.

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April 12, 2017, 5:11 p.m.

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April 11, 2017, 6:56 p.m.

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Dec. 7, 2016, 4:12 p.m.

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Dec. 2, 2016, 10:22 a.m.

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Dec. 1, 2016, 4:59 p.m.

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Aug. 27, 2015, 5:22 p.m.

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July 10, 2013, 1:02 p.m.

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June 17, 2013, 12:05 p.m.

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May 31, 2013, 2:37 p.m.

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May 30, 2013, 12:03 p.m.

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May 16, 2013, noon

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April 18, 2013, 1:59 p.m.

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April 18, 2013, 1:58 p.m.

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April 18, 2013, 1:57 p.m.

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April 18, 2013, 1:53 p.m.

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April 18, 2013, 1:49 p.m.

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April 18, 2013, 1:48 p.m.

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April 18, 2013, 1:45 p.m.

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April 18, 2013, 1:45 p.m.

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April 18, 2013, 1:39 p.m.

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March 18, 2013, 6:56 a.m.

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Feb. 15, 2013, 5:02 p.m.

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