Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2236
Deal #2236 Version #57365
Gabon
Created at
2013-02-15
Last update
2021-04-28
Last full update
2021-04-28
Former land owner (not by constitution)
Former land owner
State
Comment on former land owner
The land belongs to the state
Former land use
Former land use
Commercial (large-scale) agriculture, Forestry
Comment on former land use
Olam committed to not convert high conservation value (HCV) forests, however the areas for development still contain significant timber and carbon value. A moratorium was signed on 31 January stopping the company from further deforestation.
The Makouke Estate which was purchased from SIAT in 2016 was already established in the 1960s.
Former land cover
Former land cover
Forest land
Comment on former land cover
The land is of high conservation value. A ramsar site is located within the land area granted to Olam.