Deal #1450

Madagascar
Created at
2013-02-15
Last update
2024-04-09
Last full update
2016-08-02

Land area

Intended size
6 506 ha
Size under contract (leased or purchased area)
  • [1997, current] 6506 ha

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops (6506 ha)

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Lease management contract

Negotiation status

Negotiation status
  • [1997, current] Concluded (Contract signed)
Comment on negotiation status
COMPLANT has been running the Sucoma sugar factory since 1997.

Implementation status

Implementation status
  • [1984] Startup phase (no production)
  • [1997] In operation (production)
  • [2015, current] Project abandoned
Comment on implementation status
Chinese constructed factory, which was completed in 1984. Management contract to run the state-owned sugar refinery. In 2015 the complex was in ruins due to the riots and strikes and the factory remained closed.

Contract farming

Contract farming
No