Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1467

Deal #1467 Version #92185

Mali
Created at
2013-02-15
Last update
2024-03-18
Last full update
2024-08-22

Land area

Intended size
20 000 ha
Size under contract (leased or purchased area)
  • [2009, current] 20000 ha
Size in operation (production)
  • [2016, current] 7794 ha
Comment on land area
One source mentions that the agreement states 20 000ha will be granted but in 2013 only 3570ha had been granted and other proposed plots were too far away from the factory (Will Africa Feed China). The shapefile has a size of 7794 ha. Another source states 12000ha has been planted, however this can not be verified.

Intention of investment

Intention of investment
  • [2009, current] Biomass for biofuels, Food crops, Renewable energy unspecified (20000 ha)

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2009, current] Concluded (Contract signed)
Comment on negotiation status
renewable

Implementation status

Implementation status
  • [2012] Startup phase (no production)
  • [2013, current] In operation (production)
Comment on implementation status
In 1996, the Malian government and the China Light Industrial Corporation for Foreign Economic and Technical Cooperation (CLETC) entered into a joint venture to establish the Mali Sugar Conglomerate, with CLETC holding 60% of the company and the government holding 40%. The Conglomerate took control of two sugar factories that had been built with Chinese assistance in the 1960s and 1970s and sugar-cane plantations (#2190 and #1484). In 2009, the Malian government signed a deal with CLETC to establish a new sugar project, in which CLETC was given a 50-year renewable lease on 20,000 ha of lands in the Office du Niger for irrigated sugar-cane production. The coup in Mali in 2012 delayed the construction and implementation of the project. Investor complaining that the land is not good quality.

Leasing fees

Annual leasing fee
382 747 500
CFA Franc BEAC
for specified area
Annual leasing fee area
20 000 ha
Comment on leasing fee
Annual rent of 382,747,500FCFA (from contract)

Contract farming

Contract farming
No