Please note: you are viewing an old version of this deal. The current version can be found here: Deal #140

Deal #140 Version #44827

Indonesia

Created at

2013-02-15

Last update

2013-11-13

Last full update

2021-11-17

Land area

Size under contract (leased or purchased area)

[2013, current] 40000.0 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

[current] Food crops, Non-food agricultural commodities

Nature of the deal

Lease

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.

Implementation status

[2013, current] Project not started

Contract farming

Yes

On leased / purchased

Yes

Comment on contract farming

20% on the lease are for contract farming.