Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1474

Deal #1474 Version #53866

Mali
Created at
2013-02-15
Last update
2015-08-14
Last full update
2024-05-03

Land area

Intended size
100 000 ha
Size under contract (leased or purchased area)
  • [2008, current] 25000.0 ha
Comment on land area
25000ha on lease, investment agreement for 100,000ha

Intention of investment

Intention of investment
  • [current] Food crops, Livestock
Comment on intention of investment
The stated principle objective for use of the land is to be agriculture, herding and the transformation of agricultural products.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2008, current] Concluded (Contract signed)
Comment on negotiation status
renewable up to 99 years

Implementation status

Implementation status
  • [current] Startup phase (no production)
Comment on implementation status
Implementation status unsure after fall of Libyan government under Khadafi. Mali's government is unsure what will happen with the deal since the collapse of Libya's government. The future of the project is unclear.

Leasing fees

Annual leasing fee
0
Comment on leasing fee
Land is free- on the condition that Libya build canals and roads to cultivate rice and cattle there.

Contract farming

Contract farming
No