Deal #1634

Mozambique
Created at
2013-02-15
Last update
2024-07-26
Last full update
2024-07-26

Land area

Intended size
700 000 ha

Intention of investment

Comment on intention of investment
Cultivation on cotton ,corn and soya bean

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
The land will be farmed under concession for a period of 50 years, renewable for a further 50 years.

Negotiation status

Negotiation status
  • [2009, current] Intended (Under negotiation)
Comment on negotiation status
MoU signed in 2009. In March 2013 there were no deal with individual investor yet. The project was in the phase of identifying land areas.

Implementation status

Implementation status
  • [current] Project abandoned
Comment on implementation status
The agricultural project has faced significant difficulties and was apparently abandoned. No recent information about it was found.

Leasing fees

Annual leasing fee
37.5
MT
per ha
Comment on leasing fee
Information from informal source