Deal #185

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

[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

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

[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

[1979, current] In operation (production)

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 87503 ha