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Deal #1652 Version #54737

Namibia

Created at

2013-02-15

Last update

2015-12-03

Last full update

2024-05-13

Land area

Intended size

600 ha

Size under contract (leased or purchased area)

[2010, current] 220.0 ha

Size in operation (production)

[2011] 15.0 ha
[2014] 120.0 ha
[2015, current] 200.0 ha

Comment on land area

Project started in 2009. Production in 2015-- 180 ha dates and 20 ha grapes. At present Al Dahra is in negotiations with the Namibian Government about extending the amount of land under lease by a further 200 hectares, located in the Orange River region. By the year 2020, the company wants to farm 600-800 hectares in Namibia.

Intention of investment

[current] Food crops

Comment on intention of investment

Dates (palm) and grapes

Nature of the deal

Lease

Comment on nature of the deal

Renewable lease

Negotiation status

[2010, current] Concluded (Contract signed)

Comment on negotiation status

The NDC commenced operations in the early 1990s, the Al-Dhahra company joined in 2010

Implementation status

[2010, current] In operation (production)

Comment on implementation status

The NDC commenced operations in the early 1990s, the Al-Dhahra company joined in 2010

Leasing fees

Annual leasing fee

120 000

for specified area

Annual leasing fee area

220 ha