Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1791
Deal #1791 Version #55417
Senegal
Created at
2013-02-15
Last update
2019-12-09
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] Non-food agricultural commodities, For carbon sequestration/REDD, Forestry unspecified
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