Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1760

Deal #1760 Version #88938

South Sudan

Created at

2013-02-15

Last update

2022-12-22

Last full update

2024-05-24

Land area

Size under contract (leased or purchased area)

[current] 1489 ha

Comment on land area

The total plantation area at ETC is currently 1,489 ha, of which 1,319 ha. is teak and 170 ha. is cassia. Another company website states 3000ha.

Intention of investment

[current] Timber plantation for wood and fiber (1489 ha)

Comment on intention of investment

The company plants and sustainably harvests Tectona Grandis, the highest quality plantation teak

Nature of the deal

Lease

Negotiation status

[2007] Concluded (Contract signed)
[2012] Concluded (Change of ownership)
[2012, current] Concluded (Contract signed)

Comment on negotiation status

The British & Finish government were the primary shareholders (CDC and FinnFund) , and later divested their interests. The company seems to have no interest in this forest concession anymore. Another source mentions original contract signed in 2006.

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

ETC has recently moved into vanilla and coffee production through an extensive outgrower program, in partnership with FAO South Sudan, Hummingbird Action for Peace and Development, and ICCO Cooperation.