Deal #1570

Location #1

Spatial accuracy level
Administrative region
Location
Nampula, Mozambique

Target country
Mozambique
Comment on location
Mecuburi, Ribaue and Nampula districts

Land area

Intended size (in ha)
126000
Size under contract (leased or purchased area, in ha)
[2009] 126000
Size in operation (production, in ha)
[2012] 946
[2013] 1650
Comment on land area
54,000ha to be developed by smallholders and other companies. Green Resources believes Lurio has the potential to become the best new large scale forest plantation in Eastern and Southern Africa. Green Resources is investing in infrastructure and a large new advanced nursery with a 6 million plant production is near completion.

Intention of investment

Intention of investment
Timber plantation (for wood and fibre), For carbon sequestration/REDD, Conservation
Comment on intention of investment
eucalyptus and acacia seedlings

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)
Comment on negotiation status
One source states duration is 15years rather than 50 years.

Implementation status

Implementation status
[2012] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
54000
Comment on contract farming
Reforestation

Contract #1

Duration of the agreement (in years)
50

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
11500

Operating company

Name of investment project
Lurio Green Resources

 

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
Research Paper / Policy Report
File
Comment on data source
Oakland Institute

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2011-01-01
Comment on data source
Oakland Institute

Data source #4

Data source type
Government sources
File
Date
2010-01-01
Comment on data source
Strengthening Economic Evaluation and Data for Large Scale Investments in Mozambique

Data source #5

Data source type
Company sources
File

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2014-10-30
Comment on data source
Communities as Counterparties :Preliminary Review of Concessions and Conflict in Emerging and Frontier Market Concessions

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Productive infrastructure (e.g. irrigation, tractors, machinery...)
Comment on promised benefits for local communities
The activities have focused on agricultural support, where inputs and market access for new high yielding crops and varieties have been provided for almost 1,000 farms.

Detailed crop, animal and mineral information

Crops area
Accacia, Eucalyptus

Use of produce

Has export
Yes
Comment on use of produce
The objective of the project is to establish fast-growing plantations on short rotations with the aim of supplying the timber industry with a range of products including pellets, wood chips, timber, poles, charcoal, pulp wood etc.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
PLP (Pulp Production);TIM (Timber production) Green Resources believes Nacala is a very good location for a future pulp mill and expects significant wood chipping and/or pellet production to start well ahead of a pulp mill

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: checked

Nov. 27, 2018, 2:08 p.m.

overwritten

This version

Compare with previous version

May 14, 2018, 9:48 p.m.

overwritten

Show this version

Compare with previous version

Aug. 31, 2017, 12:48 p.m.

overwritten

Show this version

Compare with previous version

March 30, 2017, 3:43 p.m.

overwritten

Show this version

Compare with previous version

Oct. 6, 2016, 2:31 p.m.

overwritten

Show this version

Compare with previous version

Jan. 16, 2014, 10:28 a.m.

overwritten

Show this version

Compare with previous version

Jan. 15, 2014, 12:31 p.m.

overwritten

Show this version

Compare with previous version

March 13, 2013, 12:54 p.m.

overwritten

Show this version

Compare with previous version

Feb. 15, 2013, 5:02 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.