Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1854
Deal #1854 Version #55871
Tanzania
Created at
2013-02-15
Last update
2016-05-12
Last full update
2024-05-29
Land area
Intended size
30 000 ha
Size under contract (leased or purchased area)
- [current] 13000.0 ha
Size in operation (production)
- [current] 2.0 ha
Comment on land area
15,000ha requested, RUBADA states that 13,000ha is available.
The company says that it is in the process of securing strategic broadacre farmland. A proposed area is in the Rufiji Basin, Tanzania. Another source states that the company is acquiring 30000ha, but that only 14500ha are suitable for development.
Intention of investment
Intention of investment
- [current] Food crops
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2012, current] Concluded (Contract signed)
Comment on negotiation status
Land Use Permit ready and MoU finalised, 2012. One source states a 98 year lease will be signed.
Implementation status
Implementation status
- [current] Startup phase (no production)
Comment on implementation status
Trial planting on 2ha
Contract farming
Contract farming
Yes
Comment on contract farming
One data source states contract farming.