Deal #189

Location #1

Spatial accuracy level
Administrative region
Location
Sumatra, Indonesia

Target country
Indonesia

Location #2

Spatial accuracy level
Administrative region
Location
Kalimantan, Indonesia

Target country
Indonesia

Location #3

Spatial accuracy level
Administrative region
Location
Papua, Indonesia

Target country
Indonesia

Land area

Size in operation (production, in ha)
[2013] 366914
Comment on land area
Current size in operation does not refer to one single deal, but to the total area of plantations of Golden Agri Resources in Indonesia.

Intention of investment

Intention of investment
Biofuels, Food crops, Non-food agricultural commodities

Negotiation status

Negotiation status
Concluded (Oral Agreement)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
96512

Operating company

Operating company
Comment on investment chain
Golden Agri Resources, which operates its plantations through various subsidiaries like for example PT SMART Tbk, is a subsidiary of Sinar Mas Group.

 

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Data source #1

Data source type
Company sources
File
Comment on data source
Accessed: 16:10:2013

Data source #2

Data source type
Company sources
File
Date
2013-12-31

Data source #3

Data source type
Media report
File
Date
2011-02-18

How did the community react?

Community reaction
Mixed reaction
Comment on community reaction
For example on one estate in the province of Jambi on the island of Sumatra a conflict between PT Kresna Duta Agroindo (a subsidiary of a subsidiary of Golden Agri Resources) and local people occurred.

Detailed crop, animal and mineral information

Crops area
Oil Palm

Overall comment

Overall comment
Current size in operation (366914 ha) does not refer to one single deal, but to the total area of plantations of Golden Agri Resources in Indonesia. Case needs to be split up. See the investor's annual report 2014 (http://www.goldenagri.com.sg/pdfs/Annual%20Report/GAR_AR_2014_(reduced).pdf ), which gives details about primaries (pp. 128-141) that can be used for further research and the differentiation of single projects.

Nov. 3, 2015, 1:30 p.m.

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Oct. 31, 2013, 11:44 a.m.

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Oct. 31, 2013, 11:26 a.m.

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Oct. 16, 2013, 12:52 p.m.

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Oct. 16, 2013, 12:49 p.m.

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Aug. 15, 2013, 2:38 p.m.

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June 27, 2013, 4:48 p.m.

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June 13, 2013, 9:15 p.m.

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June 13, 2013, 9:14 p.m.

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May 23, 2013, 8:04 p.m.

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March 8, 2013, 2 p.m.

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March 8, 2013, 12:06 p.m.

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Feb. 15, 2013, 4:59 p.m.

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