Deal #1798 Version #55520

Will produce 100000 cubic meters / 10000 t of bio-ethanol within 2 years to be exported to the EU: full production by 2015. 15 impact assessment conducted, available: http://www.cesnet.co.za/publicdocs.htm (different investment size, GIGA 26000). Phase 2 2013-2015, estimated investment: 300 million Euro, estimated labor 4000. Of the land under contract: 10000ha have sugarcane pivots, 2000ha are currently used for a farmer development program-- rice, the rest of the land is being used by the local farmers for food security. German development bank has withdrawn its funding for the project and consequently the project was on not fully operational. Sunbird became the majority shareholder and project manager on the 8th of September in 2016.