Deal #1723

Location #1

Spatial accuracy level
Administrative region
Location
Khartoum, Sudan

Target country
Sudan
Comment on location
reported to be North of Khartoum

Land area

Intended size (in ha)
9239.0
Size under contract (leased or purchased area, in ha)
[2009] 8888
Comment on land area
9239ha according to GRAIN 2012, another source states 10117 hectares. One source states the company announced that if the initial trials were successful it might expand the project to 90,000 hectares. HADCO aims for 100,000 under cultivation

Intention of investment

Intention of investment
Food crops, Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2009] Concluded (Oral Agreement)
Comment on negotiation status

Implementation status

Implementation status
Project not started
Comment on implementation status
Electricity shortage is delaying the implementation, postponed until further notice

Leasing fees

Annual leasing fee
7.14
Annual leasing fee currency
Sudanese Pound
Annual leasing fee type
per ha
Comment on leasing fees
SD£3 ($1.30, €0.90, £0.80) per feddan (1.04 acres, 0.42 hectares). Information from research paper.

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
48

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
500

Operating company

Comment on investment chain
Backed by Saudi governments King Abdullah Initiative for Agricultural Investment Abroad. Plans to spend $45m over next two years on development. 60% of funds from Saudi Industrial development Fund

 

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Data source #1

Data source type
Media report
File
Date
2009-05-24
Comment on data source
Middle East and North Africa- Riyadh paves way for foreign ventures

Data source #2

Data source type
Media report
File
Comment on data source
Seized! Grain Briefing Annex. The 2008 land grabbers for food and financial security.

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2012-10-03
Comment on data source
Grain spreadsheet with land deals

Data source #4

Data source type
Personal information
Date
2015-12-07
Comment on data source
“GCC Agro-Investments in sub-Saharan Africa, Synthesis Report, Bart Hilhorst, March 2014”

Data source #5

Data source type
Research Paper / Policy Report
File
Comment on data source
Land Grab in Sudan-

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Fodder Plants (unspecified), Vegetables (unspecified), Wheat

Use of produce

Has export
Yes
Export
100
Country 1
Saudi Arabia

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
FOD (Food processing (no specification))

Overall comment

Overall comment
Land leased for $95m. Backed by Saudi governments King Abdullah Initiative for Agricultural Investment Abroad. Plans to spend $45m over next two years on development. 60% of funds from Saudi Industrial development Fund. HADCO aims for 100,000 under cultivation

Feb. 20, 2020, 12:28 p.m.

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May 18, 2016, 3:41 p.m.

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Dec. 11, 2015, 8:42 a.m.

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April 11, 2013, 4:30 p.m.

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Feb. 27, 2013, 8:21 a.m.

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Feb. 15, 2013, 5:02 p.m.

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