There's a newer version of this deal. Click here to show the latest version.

Deal #156

Location #1

Target country
Timor-Leste

Land area

Intended size (in ha)
100000

Intention of investment

Intention of investment
Biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2008] Concluded (Oral Agreement)
Comment on negotiation status
THe status of this case could be upgraded into verified 2.

Implementation status

Implementation status
[2008] Project not started
Comment on implementation status
THe status of this case could be upgraded into verified 2.

Contract #1

Duration of the agreement (in years)
50

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
8000

Operating company

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Media report
File
Includes in-country-verified information
Yes
Comment on data source
MOU from the Ministry of Agriculture. East Timor Legal Information site.

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Personal information
Includes in-country-verified information
Yes

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Capacity Building

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Smallholder agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Sugar Cane

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: Upgrade? V1? V2? Import of error check - Reviewer's overview comment: THe status of this case could be upgraded into verified 2. Import of other remarks regarding the investment: The land the company was going to use would not be ‘unproductive land’, but good land that was important to wetland ecosystems.

Feb. 17, 2020, 4:34 a.m.

overwritten

Show this version

Compare with previous version

March 19, 2019, 3:50 p.m.

overwritten

Show this version

Compare with previous version

Feb. 20, 2017, 5:55 a.m.

overwritten

Show this version

Compare with previous version

March 24, 2015, 12:33 p.m.

overwritten

Show this version

Compare with previous version

Dec. 17, 2013, 2:59 p.m.

overwritten

Show this version

Compare with previous version

Dec. 17, 2013, 1:26 p.m.

overwritten

Show this version

Compare with previous version

May 17, 2013, 10 p.m.

overwritten

Show this version

Compare with previous version

Feb. 15, 2013, 4:59 p.m.

active

This version

First version