Deal #1755 | Version 88939 | Version 93042 |
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General info | ||
Intended size | 18β―000 ha | |
Size under contract (leased or purchased area) |
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Comment on land area | A total of 5 teak concessions. Another source states 18670ha. | A total of 5 teak concessions. Another source states 18670 ha. |
Intention of investment |
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Comment on intention of investment | The company plants and sustainably harvests Tectona Grandis, the highest quality plantation teak outside Myanmar. The trees produce a fine grain, high density, well coloured timber suitable for all applications. | |
Carbon offset project | No | |
Negotiation status |
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Comment on negotiation status | The British & Finish government were the primary shareholders (CDC and FinnFund) , and later divested their interests. (year is unknown). Since 2012 Maris has been the majority shareholder. | The British & Finish government were the primary shareholders (CDC and FinnFund) , and later divested their interests. (year is unknown). Since 2012 Maris has been the majority shareholder. ETC is managed by Ian Paterson and has been majority owned by Agris Ltd, a subsidiary of Maris Ltd since 2012. |
Comment on contract farming | The company is going to roll out a smallholder programme for coffee production.
The βExcelling in Excelsaβ programme is run by FAO South Sudan, Hummingbird Action for Peace and Development, ICCO Cooperation and ETC, and is one of four new schemes funded by RVOβs Sustainable Development Goals Partnership facility to achieve food security and private sector development. On successful completion of an inception phase, the three-year project will provide 1000 contract farmers with training, extension services and access to quality inputs, enabling them to produce Excelsa coffee to international standards. | The company is going to roll out a smallholder programme for coffee production.
The βExcelling in Excelsaβ programme is run by FAO South Sudan, Hummingbird Action for Peace and Development, ICCO Cooperation and ETC, and is one of four new schemes funded by RVOβs Sustainable Development Goals Partnership facility to achieve food security and private sector development. On successful completion of an inception phase, the three-year project will provide 1000 contract farmers with training, extension services and access to quality inputs, enabling them to produce Excelsa coffee to international standards.
ETC has recently moved into vanilla and coffee production through an extensive outgrower program. |
Employment | ||
Comment on jobs created (total) | Over 90% of the workforce is drawn from the local Nzara community, who receive significant investment in employee training programmes. B | |
Investor info | ||
Name of investment project | Western Equatoria Teak | Equatoria Teak Company (ETC) |
Comment on investment chain | The British & Finish government were the primary shareholders (CDC and FinnFund) , and later divested their interests. Maris has been the majority shareholder since 2012. | The British & Finish government were the primary shareholders (CDC and FinnFund) , and later divested their interests. Maris has been the majority shareholder since 2012.Equatoria Teak Company (ETC) is South Sudanβs leading sustainable agro-forestry company. . |
Local communities / indigenous peoples | ||
Promised benefits for local communities | Health, Education, Financial support | Health, Education, Productive infrastructure (e.g. irrigation, tractors, machinery...), Financial support, Other |
Comment on promised benefits for local communities | The company has developed a close association with the local community and invests heavily in its development.
beyond this, the company has formed a unique community fund programme to fund projects to directly benefit the local community.
The company grows, it will invest in infrastructure that is needed in Lainya county and throughout South Sudan. | |
Former use | ||
Produce info | ||
Comment on use of produce | Also access to Europe and China | Also access to Europe and China
The teak is sold both regionally and internationally for indoor and outdoor applications. ETC has recently moved into vanilla and coffee production through an extensive outgrower program
plans to start shipping the wood from the East African nation within two months, helping the country diversify away from its dependence on oil |
Water | ||
Gender-related info | ||
Overall comment | ||
Overall comment | The company has another deal in South Sudan #1760, which it seems to have no interests anymore. | The company has another deal in South Sudan #1760, which it seems to have no interests anymore.
Equatoria Teak Company (ETC) is South Sudanβs leading sustainable agro-forestry company. ETC was founded in 2006, and along with its sister company, Green Environ Teak Company (GETC) currently manages six teak concessions in Western Equatoria State totalling 2,500 ha. |
Meta | ||
Fully updated | No | Yes |
Locations | ||
Data sources | ||
Data source #eGgDOmfp | ||
Url | ||
Comment on data source | Url link no longer available: http://www.equatoriateak.com/plantations | |
Data source #xE0r9NlJ | ||
File | ||
Data source #iBR3-VGv | ||
File | ||
Type | Media report | |
Keep PDF not public | No | |
Comment on data source | URL no longer working: http://goarticles.com/article/South-Sudan-to-Kick-Off-Teak-Exports-to-the-US/7396433/ | |
Data source #SqBGr_ae | ||
Publication title | Role of development agencies | UNDERSTANDING LAND INVESTMENT DEALS IN AFRICA: Role of development agencies |
Date | 2011-12 | |
Data source #4RNHwtNB | ||
File | ||
Publication title | Equatoria Teak Company | |
Organisation | maris africa | |
Data source #J8Mt6ikm | ||
Date | 2006 | |
Organisation | open land contracts | |
Data source #EpvfLzIt | ||
File | ||
Type | Company sources | |
Url | ||
Keep PDF not public | No | |
Publication title | Equatoria Teak Company | |
Date | 2023 | |
Organisation | Equatoria Teak Company | |
Data source #Va7gZS6A | ||
File | ||
Type | Media report | |
Url | ||
Keep PDF not public | No | |
Publication title | Hardwood to help South Sudan wean itself from oil dependence | |
Date | 2013-02-14 | |
Organisation | the national news | |
Contracts |