Deal #140

Indonesia
Created at
2013-02-15
Last update
2021-11-17
Last full update
2021-11-17

Land area

Intended size
200 000 ha
Size under contract (leased or purchased area)
  • [2013, current] 40591.0 ha
Comment on land area
Originally the company was interested in investing in a plantation of 200,000 hectares in Tabonji District, Merauke, but it seems as if the investment has been scaled down to approximately 40,591 hectares, of which an estimated 25,000 hectares will be available for actual production of sugarcane. Previously, ARN's location permit was in Tabonji District and then transferred to Animha District.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Izin Lokasi (Location Permit) valid for 2 years

Negotiation status

Negotiation status
  • [2013] Concluded (Contract signed)
  • [2016, current] Contract expired
Comment on negotiation status
The company has already received a "izin lokasi" (Location Permit), but needs further permits to start production. In 2016, the Location Permit expired and no further information was found on its renewal.

Implementation status

Implementation status
  • [2013] Project not started
  • [2016, current] Project abandoned

Contract farming

Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
20% on the lease are for contract farming.