Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1570

Deal #1570 Version #54243

Mozambique

Created at

2013-02-15

Last update

2020-09-17

Last full update

2024-05-15

Land area

Intended size

126 000 ha

Size under contract (leased or purchased area)

[2009, current] 126000.0 ha

Size in operation (production)

[2012] 946.0 ha
[2013] 1650.0 ha
[2015, current] 4420.0 ha

Comment on land area

In Nampula, Lúrio Green Resources (LGR) has acquired in late (December) 2009 from the Mozambique Government a 126.000 ha DUAT valid for 50 years. Until 2012, their operations were experimental plantations, and in 2013 the frst commercial plantations reached an area of 946 ha. In this context, by December 2015, only 4.420 ha of eucalyptus have been planted. 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

[current] Timber plantation for wood and fiber, For carbon sequestration/REDD, Conservation

Comment on intention of investment

eucalyptus and acacia seedlings

Nature of the deal

Lease

Negotiation status

[2009, current] Concluded (Contract signed)

Comment on negotiation status

One source states duration is 15years rather than 50 years.

Implementation status

[2012] In operation (production)
[2020, current] Project abandoned

Comment on implementation status

GRAS has decided to concentrate its future development in parts of the Niassa land holding and exit from its other areas.

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 54000.0 ha

Comment on contract farming

Reforestation