Deal #3

Location #1

Spatial accuracy level
Administrative region
Location
Rakhine, Myanmar

Target country
Myanmar

Land area

Intended size (in ha)
20234.0
Comment on land area
Sources indicate 50,000 acres (20,234 ha) for contract farming.

Intention of investment

Intention of investment
[2013] Food crops (20234 ha)

Nature of the deal

Nature of the deal
Pure contract farming

Negotiation status

Negotiation status
[2007] Intended (Expression of interest)

Contract farming

Contract farming
Yes
On leased / purchased area
Yes
On leased / purchased area (in ha)
20234

Number of jobs for foreigners created

Jobs created (foreign)
Yes
Planned number of jobs (foreign)
10000
Comment on jobs created (foreign)
10,000 Bangladeshi farmers, mostly from Chittagong region, are to be employed through this deal.

Operating company

Comment on investment chain
Sources indicate: "In a meeting held between the two countries in May 2007, Myanmar proposed to Bangladesh to take the lease of 50,000 acres of land in Rakhine state for contract farming, to which Bangladesh responded positively, but nothing has been done. This matter should now be vigorously pursued."

 

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Data source #1

Data source type
Media report
File
Publication title
Bangladesh-Myanmar Contract Farming: Opportunity For Bangladesh To Meet Agricultural Shortfall
Date
2008-10-29
Comment on data source
Provides details on Myanmar's proposition to Bangladesh to lease 50,000 acres (around 20,200 ha) of land found in Rakhine State.

Data source #2

Data source type
Media report
File
Publication title
Bangladesh-Myanmar contract farming: Opportunity for Bangladesh to meet agricultural shortfall
Date
2008-10-29
Comment on data source
Provides more context and details on Bangladesh-Myanmar relations and history.

Data source #3

Data source type
Media report
File
Publication title
Bangladesh: Beefing up Ties with Myanmar
Date
2013-11-24
Comment on data source
Provides general details about various land deals between Bangladesh and Myanmar including the 50,000 acres in Rakhine.

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Onion, Rice, Soya Beans, Sugar Cane, Tea

Overall comment

Overall comment
Still to be implemented

July 26, 2020, 4:08 a.m.

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May 14, 2018, 9:40 p.m.

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July 11, 2015, 1:47 a.m.

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March 10, 2014, 6:43 p.m.

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March 10, 2014, 6:42 p.m.

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March 10, 2014, 6:40 p.m.

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March 8, 2013, 8:25 p.m.

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March 8, 2013, 8:23 p.m.

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March 8, 2013, 8:21 p.m.

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March 8, 2013, 8:18 p.m.

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March 8, 2013, 7:45 p.m.

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March 6, 2013, 6:01 p.m.

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Feb. 15, 2013, 4:58 p.m.

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