Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2363
Deal #2363 Version #57908
Tanzania
Created at
2013-02-15
Last update
2016-05-27
Last full update
2016-05-27
Land area
Intended size
6 900 ha
Size under contract (leased or purchased area)
- [1999, current] 6900.0 ha
Size in operation (production)
- [2012] 1386.0 ha
- [2013, current] 1400.0 ha
Intention of investment
Intention of investment
- [current] Non-food agricultural commodities
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [1999, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2000, current] In operation (production)
Comment on implementation status
After 12 years of development, the farm is now poised for peak production. From 2013, the company will add 300 hectares of plantation area every year, so that the sisal plantation covers 3,000 hectares by 2020 with an annual output of 10,000 metric tons
Leasing fees
Annual leasing fee
200
Tanzanian Shilling
per ha