Deal #1397
Liberia
Created at
2013-02-15
Last update
2024-04-29
Last full update
2024-04-29
Land area
Intended size
15 000 ha
Size under contract (leased or purchased area)
- [2008-04-05, current] 15000 ha
Intention of investment
Intention of investment
- [2008-04-05, current] Food crops (15000 ha)
Comment on intention of investment
Production of rice
Carbon offset project
Carbon offset project
No
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2008-04-05] Concluded (Contract signed)
- [2010, current] Failed (Contract cancelled)
Comment on negotiation status
In May 2010, Liberia's President Sirleaf announced that the project had collapsed, owing to the overthrow of the Kadhafi regime, and that her government was in the process of identifying a new investor to replace ADA. In 2015 ECOWAS offered to provide funding towards the project. It is not clear to what extent this has occurred.
Implementation status
Implementation status
- [2009] Startup phase (no production)
- [2010, current] Project abandoned
Comment on implementation status
In May 2009 1700 ha were brushed and cleared. Second phase to begin in 2010. In 2015 ECOWAS offered to provide funding towards the project. It is not clear to what extent this has occurred.
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 3000 ha