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Deal #168

Location #1

Spatial accuracy level
Coordinates
Location
Central Sulawesi, Pohuwatu

Latitude
0.559566
Longitude
121.519496
Target country
Indonesia
Comment on location
Central Sulawesi, Pohuwatu Coordinates: 0.559566, 121.519496

Intention of investment

Intention of the investment
Food crops

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2010-01-01
Includes in-country-verified information
Yes

Data source #2

Data source type
Media report
File
Date
2011-01-01

Data source #3

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

Detailed crop, animal and mineral information

Crops area
Corn (Maize)

Use of produce

Has export
Yes
Country 1
United States of America

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
POL (Palm oil production)

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: Wrong source, not sufficient info available elsewhere, Review. Import of error check - Reviewer's overview comment: Incorrect source of verification. I can only find that Bunge ltd is interested in palm oil in Indoensia. "Bunge Ltd has announced that it is actively looking for palm plantations in Indonesia & Malaysia, reportedly driven by the desire to cater for Asian demand led by the Chinese [the world’s largest consumer of vegetable oils] and Indian economies. In an interview with The Business Times 3rd August 2010, Adhiraj Sarin, Managing Director of Bunge India commented, “We must be in the palm plantation otherwise we will miss the palm growth story…we want to be pretty big in palm oil. The problem is availability of green field land as well as existing players who would be willing to partner. So the idea is to start with whatever land is available and expand as and when”." Page 5 (http://asianplantations.com/news/companyresearch/oecd-faoreport-oppurtunitiesforInvestors.pdf)

July 16, 2015, 12:22 a.m.

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June 11, 2013, 11:31 p.m.

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June 11, 2013, 11:30 p.m.

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May 13, 2013, 1:30 a.m.

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

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