Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2375

Deal #2375 Version #57997

Mozambique

Created at

2013-02-15

Last update

2021-01-26

Last full update

2024-06-26

Land area

Intended size

46 120 ha

Size under contract (leased or purchased area)

[2014, current] 10083.0 ha

Size in operation (production)

[2014, current] 2400.0 ha

Comment on land area

NGR, through the Malonda Foundation, has acquired a permit to make use of the 5.709 ha parcel, encompassing the parcel of Malulu. NGR has also been able to obtain a total area of 4.374 ha, shared between the zones of Malica (3.313 ha) and Ntiuile (1.061 ha). NGR has already planted 2.400 ha of pine and eucalyptus monocultures in the Malulu Block. But the company hasn’t been able to plant any area in Malica as they maintain less than favorable relationships with the local communities, especially in the northernmost are of Ngongote. Part of 40,360ha JV with Malonda Foundation. However only 20,428 ha are suitable for plantations. The company will hold these land use rights and search for an additional 16,808 ha as approved by the government.

Intention of investment

[current] Timber plantation for wood and fiber

Comment on intention of investment

Pine and Eucalyptus Species

Nature of the deal

Lease

Comment on nature of the deal

Contribution of the Malonda Foundation into the JV.

Negotiation status

[2007, current] Concluded (Contract signed)

Implementation status

[2020, current] In operation (production)