Deal #1851
Tanzania
Created at
2013-02-15
Last update
2024-06-04
Last full update
2024-06-04
Land area
Intended size
170 000 ha
Size under contract (leased or purchased area)
- 92500 ha
- [2018] 14176 ha
- [2020, current] 61291 ha
Size in operation (production)
- 7900 ha
- [2018, current] 15500 ha
Comment on land area
In various stages of acquistion- starting from 1996, 170000 are targeted, 7900 are planted.
Out of the 62,000ha 24,000ha is plantable.
Another source indicates size on contract is 60,000ha and total plantable area is 20,000ha.
Intention of investment
Intention of investment
- [2020, current] Timber plantation for wood and fiber, Forest logging / management for wood and fiber, For carbon sequestration/REDD (61291 ha)
Comment on intention of investment
Conservation areas are reserved within the concession areas.
Carbon offset project
Carbon offset project
Yes
Comment on carbon offset project
The company aims at mitigating climate change by reducing greenhouse gases through the afforestation programme. GRL will
mainly operate on the voluntary carbon market under the VCS standard.
Nature of the deal
Nature of the deal
Concession
Negotiation status
Negotiation status
- [1996, current] Concluded (Contract signed)
Comment on negotiation status
different status of land acquisition
Implementation status
Implementation status
- [1997, current] In operation (production)
Comment on implementation status
different status of land acquisition
Lindi forest not active, probably closing down.
Leasing fees
Annual leasing fee
4 546 000
Tanzanian Shilling
for specified areaAnnual leasing fee area
1 920 ha
Comment on leasing fee
Data from official source (DLIP)-government but not widely known (information not widely known) - see file from Jonathan Sullivan
Contract farming
Contract farming
No