Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1393
Deal #1393 Version #53232
Liberia
Created at
2013-02-15
Last update
2013-03-25
Last full update
2023-06-27
Land area
Intended size
24 079 ha
Size under contract (leased or purchased area)
- [2008, current] 13962.0 ha
Size in operation (production)
- [2012, current] 5600.0 ha
Comment on land area
Allocation 13,962ha, expansion area 10,117ha, outgrower allocation 10,117ha
Intention of investment
Intention of investment
- [current] Agriculture unspecified
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
50years total: 7 years rehabilitation, 43 years regular
Negotiation status
Negotiation status
- [2008, current] Concluded (Contract signed)
Comment on negotiation status
Initial contract signed in 1965
Implementation status
Implementation status
- [1968, current] In operation (production)
Comment on implementation status
Started by Getty Oil
Leasing fees
Annual leasing fee
2
$
per haComment on leasing fee
US$1.00/yr/developed ha, US$0.50/yr/undeveloped ha during rehabilitiation term (7 yrs). US$2.00/yr/developed ha, US$1.00/yr/undeveloped ha during regular term (43 yrs)
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 10117.0 ha