Deal #2289

Mauritius
Created at
2013-02-15
Last update
2025-01-16
Last full update
2025-01-16

Land area

Intended size
500 ha
Size under contract (leased or purchased area)
  • [current] 500 ha
Size in operation (production)
  • [2012, current] 330 ha
Comment on land area
2500 hectares in total- 2000 hectares outgrower scheme and 500 hectares nucleus farm. The company has already started mass production of the seeds on 50 ha of land in Mauritius. This will be raised to 500 ha of land by July next year and 1,000 ha of land by December next year.

Intention of investment

Intention of investment
  • [current] Food crops (500 ha)
Comment on intention of investment
Production of rice

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2008] Intended (Expression of interest)
  • [current] Concluded (Contract signed)
Comment on negotiation status
Other sources found the company was incorporated in 2009

Implementation status

Implementation status
  • [current] In operation (production)
Comment on implementation status
Rice seeds also boast of lower glycemic index (GI) levels (high GI food gives rise to diabetes and obesity).

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 2000 ha
Comment on contract farming
There is an Outgrower scheme with 2000 hectares in total