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Deal #1474 Version #53867

Mali

Created at

2013-02-15

Last update

2016-07-29

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

Startup phase (no production)
[current] Project abandoned

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. One source states that after teh civil war started in February 2011 and the coalition forces winning a few months later, the project stopped.

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.