Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1791

Deal #1791 Version #55416

Senegal
Created at
2013-02-15
Last update
2015-11-20
Last full update
2024-12-02

Land area

Intended size
20 000 ha
Size under contract (leased or purchased area)
  • [2005, current] 20000.0 ha
Size in operation (production)
  • [2007, current] 5500.0 ha
Comment on land area
18000ha according to ILC report

Intention of investment

Intention of investment
  • [current] Forestry unspecified, Non-food agricultural commodities, For carbon sequestration/REDD
Comment on intention of investment
Reforestation of degraded land.

Negotiation status

Negotiation status
  • [2005, current] Concluded (Contract signed)
Comment on negotiation status
The project generates income of two types: income from the production of gum and income from sales of carbon credits.

Implementation status

Implementation status
  • [2005, current] In operation (production)
Comment on implementation status
Planting began in August 2005. The project was temporary suspended, which explains the delay between the initial planting phases in 2005 and the publication of the PDD in 2011. Jeremy states that this project may be abandoned.

Leasing fees

Comment on leasing fee
Asiyla Gum Company has a license granting it exemption the value added tax (VAT) for a period of 20 years.

Contract farming

Contract farming
No