Deal #2363

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