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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

[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

Lease

Negotiation status

[2008, current] Concluded (Contract signed)

Comment on negotiation status

renewable up to 99 years

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

Comment on leasing fee

Land is free- on the condition that Libya build canals and roads to cultivate rice and cattle there.