Please note: you are viewing an old version of this deal. The current version can be found here: Deal #140
Deal #140 Version #44823
Indonesia
Created at
2013-02-15
Last update
2013-11-13
Last full update
2021-11-17
Land area
Intended size
40 000 ha
Comment on land area
Originally the company was interested in investing in a plantation of 200,000 hectares in Merauke, but it seems as if the investment has been scaled down to approximately 40,000 hectares, of which an estimated
25,000 hectares will be available for actual production of sugarcane.
Intention of investment
Intention of investment
- [current] Food crops, Non-food agricultural commodities
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2013, current] Concluded (Contract signed)
Comment on negotiation status
The company has already received a "izin lokasi" (Location Permit), but needs further permits to start production.
Contract farming
Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
20% on the lease are for contract farming.