Deal #1760

South Sudan
Created at
2013-02-15
Last update
2024-05-24
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 3000 ha.

Intention of investment

Intention of investment
  • [current] Timber plantation for wood and fiber (1489 ha)
Comment on intention of investment
The company engages in the cultivation and sustainable harvesting of Tectona Grandis, renowned for its superior quality as plantation teak.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

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

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.