Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1865

Deal #1865 Version #55911

Tanzania
Created at
2013-02-15
Last update
2016-10-27
Last full update
2024-05-29

Land area

Intended size
100 000 ha
Comment on land area
50 000ha for company and 50 000ha for outgrowers (on the lease). Another data source states starting with a total of 50,000 hectares of which 50% will be developed into an out-grower irrigation scheme operated by local farmers while the other 50% will be operated by the company along the nucleus contract farming concept.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011] Intended (Under negotiation)
  • [2012, current] Failed (Negotiations failed)
Comment on negotiation status
MoU signed in 2011 but lapsed. MOU was signed for 15000ha. The investor pulled out of the project and the government is trying to find investors to develop the land into a sugarcane plantation.

Implementation status

Comment on implementation status
MoU lapsed

Contract farming

Contract farming
Yes
On leased / purchased
Yes
On leased area/farmers/households
  • [current] 50000.0 ha