Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2309

Deal #2309 Version #57676

South Sudan
Created at
2013-02-15
Last update
2021-03-19

Land area

Size under contract (leased or purchased area)
  • [2010, current] 179999.0 ha

Intention of investment

Intention of investment
  • [2010] Timber plantation for wood and fiber, For carbon sequestration/REDD (45000.0 ha)
  • [2010, current] Conservation (134999.0 ha)
Comment on intention of investment
Purpose: produce timber, rehabilitate degraded forest areas, generate revenue from carbon offsets The company estimates that it can realistically establish a plantation on 45,000 of the 179,000 hectares that it has leased, leaving the remainder to grow as natural forest.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2007] Intended (Under negotiation)
  • [2010, current] Concluded (Contract signed)
Comment on negotiation status
negotiations started in 2007, trial planting in 2008, 2010 final stages of obtaining title on land

Implementation status

Implementation status
  • [2008, current] Startup phase (no production)
Comment on implementation status
trial planting started in 2008.

Leasing fees

Annual leasing fee
12 500
$
for specified area
Annual leasing fee area
179 999 ha
Comment on leasing fee
According to the agreement, Tindilo Community is to receive rent in the amount of US $12,500 in the first year of the lease, followed by annual rent increases of two-percent to cover inflation, in addition to the commitments that the investor made in the Community Support Program Agreement. "This translates to approximately US $0.07 per hectare per year and seems to be little more than a symbolic payment."

Contract farming

Contract farming
No