Deal #1474
Mali
Created at
2013-02-15
Last update
2024-08-28
Last full update
2024-08-28
Land area
Intended size
100 000 ha
Size under contract (leased or purchased area)
- [2008, current] 25000 ha
Size in operation (production)
- [2010-08, current] 25 000 ha
Comment on land area
25,000 hectares on lease, investment agreement for 100,000 hectares.The Malibya project aims to irrigate 100,000 hectares of land.
As of August 2010, work had begun but agricultural activities had not started. Since 2011, 25,000 hectares have been develop
Intention of investment
Intention of investment
- [current] Food crops, Livestock
Comment on intention of investment
The primary stated objective for land use is agricultural cultivation, livestock farming, and the processing of agricultural products.
Carbon offset project
Carbon offset project
No
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
- [2011] In operation (production)
- [current] Project abandoned
Comment on implementation status
Construction of irrigation channel and asphalt road. 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 the civil war started in February 2011 and the coalition forces winning a few months later, the project stopped. One source states that the company has begun working with Spanish partners. Communities are calling for the land and facilities to be made available to them (July 2019).
As of August 2010, work had begun but agricultural activities had not started. Since 2011, 25,000 hectares have been developed. Work has ceased following Gaddafi's death.
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 (from contract and research report).
Contract farming
Contract farming
No
Comment on contract farming
One source states that the land was supposed to be made available to those the project dispossessed.