Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1395

Deal #1395 Version #53300

Liberia
Created at
2013-02-15
Last update
2013-05-31
Last full update
2024-04-29

Land area

Intended size
38 957 ha
Size under contract (leased or purchased area)
  • [2008, current] 54550.0 ha
Size in operation (production)
  • [2012, current] 2000.0 ha
Comment on land area
Allocation 8100, expansion area 8,094ha, outgrower allocation, 8,094ha. Additional area allocation (once investment has reached $25m) 22,763ha, outgrower allocation7588ha

Intention of investment

Intention of investment
  • [current] Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2008, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2012, current] In operation (production)
  • [2008] Startup phase (no production)
Comment on implementation status
Started as bilateral co-operation between GoL and Cote d'Ivoire. Acquired from Liberia Forest Products

Leasing fees

Annual leasing fee
2
$
per ha
Comment on leasing fee
US$1.00/yr/developed ha, US$0.50/yr/undev ha during rehabilitiation term (7 yrs). US$2.00/yr/dev ha, US$1.00/yr/undev 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] 8094.0 ha
Comment on contract farming
Additional 7,588ha of outgrowers once investment has reached a certain level