Please note: you are viewing an old version of this deal. The current version can be found here: Deal #185
Deal #185 Version #90640
Indonesia
Created at
2013-02-15
Last update
2023-07-18
Last full update
2021-04-29
Land area
Size under contract (leased or purchased area)
- [2011, current] 69927 ha
Comment on land area
*PTPN XIII manages oil palm nucleus plantations covering an area of 55,440.49 ha (48.91%), and plasma covering an area of 57,908.60 ha (51.09%). It also manages rubber nucleus gardens covering an area of 14,487.46 ha (32.86%), and plasma covering an area of 29,595.04 ha (67.14%)
Intention of investment
Intention of investment
- [current] Food crops, Non-food agricultural commodities
Comment on intention of investment
*PTPN XIII has two business segments, namely oil palm and rubber. The Company's line of business is the cultivation of plants, processing of products and marketing of products.
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
*Establishment date: March 11, 1996 per Government Regulation Number 18 of 1996; Decree of the Minister of Justice Number C2-8341.IIT.01.01.TII.96 dated August 8, 1996
Negotiation status
Negotiation status
- [1985, current] Concluded (Contract signed)
Comment on negotiation status
Local villagers claim that the company received the HGU license in 1979 for 25 years. While the company claims it received the HGU license in 1985 for 35 years.
Implementation status
Implementation status
- [1979, current] In operation (production)
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 87503 ha