Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1396

Deal #1396 Version #53340

Liberia
Created at
2013-02-15
Last update
2014-11-07
Last full update
2024-04-29

Land area

Intended size
350 000 ha
Size under contract (leased or purchased area)
  • [2010, current] 220000.0 ha
Comment on land area
Concession area 350,000ha of which 220,000ha can be planted plus 40,000ha for outgrowers. Conflicting information over hectares obtained- Ecofys report states 240 000 hectares.

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops, For carbon sequestration/REDD

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2010, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] Project not started
Comment on implementation status
Option to extend lease to 99 years. There are reports that clearing of the land has started.

Leasing fees

Annual leasing fee
5
$
per ha
Comment on leasing fee
US$5.00/yr/dev ha, US$1.25/yr/undev ha (10yrs), US$2.50/yr/undev ha (55yrs). To be reviewed every 5 years but not to increase more than 20%

Contract farming

Contract farming
Yes
On leased / purchased
Yes
On leased area/farmers/households
  • [current] 40000.0 ha