Please note: you are viewing an old version of this deal. The current version can be found here: Deal #168

Deal #168 Version #45036

Indonesia

Created at

2013-02-15

Last update

2020-11-27

Last full update

2021-04-29

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[current] 63441.0 ha

Size in operation (production)

[current] 24682.0 ha

Comment on land area

*Company's concession area is 63,441 ha, of which 24,682 ha (or about 39% of the total concession area) is planted land. About 47% of the total cultivated land is productive. The remaining areas that have not yet been planted are land reserves that have the prospect of being developed by the Company and Subsidiaries.

Intention of investment

[current] Food crops

Nature of the deal

Concession

Comment on nature of the deal

*The Company owns nine oil palm plantations, located in South Kalimantan, Central Kalimantan, West Kalimantan, Riau, South Sumatra and Jambi with a concession area of 63,441 ha.

Negotiation status

[2011, current] Concluded (Contract signed)

Implementation status

[1993, current] In operation (production)

Comment on implementation status

*The company is engaged in oil palm plantations located in South Kalimantan carrying out its operational activities since 1993. The Bumiraya factory has been operating since the first quarter of 2013. *January 31, 2020, the company has been declared bankrupt.