Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3020
Deal #3020 Version #58304
Uganda
Created at
2013-02-15
Last update
2021-02-10
Last full update
2024-06-17
Land area
Intended size
10 054 ha
Size under contract (leased or purchased area)
- [1996] 5165.0 ha
- [2007] 9165.0 ha
- [2011, current] 10054.0 ha
Size in operation (production)
- [2008] 2259.0 ha
- [2009] 2546.0 ha
- [2013] 4310.0 ha
- [2020, current] 4300.0 ha
Comment on land area
FOEI claims 80,000-100,000ha. The total area is 9,165 ha, of which 4700 ha are plantable, 3,800ha for conservation, 165ha for infrastructure and roads and 500ha for community forest activities. Another report states 5780 ha for reforestation and 3385ha for conservation.
Oakland Institute report states that total hectares investor has in Uganda is 11864ha between #3020 and #3156. Further expansion of 889ha in 2011. Company website states BFC has established forest plantations on 4,610 ha in Bukaleba CFR and 1,989 ha in Kachung CFR in Mayuge and Dokolo districts.
According to the company's website, in 2020, Bukaleba Forest Plantation comprises of 6,300ha of which around 4,300ha is planted with the balance set aside for conservation, infrastructure and community activities.
Intention of investment
Intention of investment
- [current] Timber plantation for wood and fiber, For carbon sequestration/REDD, Conservation
Comment on intention of investment
To establish and manage a forest plantation in Bukaleba Central Forest Reserve -CFR in Mayuge district.
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
Another data source states 49 year license.
Other source mentioned that Busega Forestry Company (BFC) has received a 50-year lease for 11,864 hectares of plantations in Uganda with licenses from the National Forestry Authority for plantation forestry.
Negotiation status
Negotiation status
- [1996, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2019, current] In operation (production)
Contract farming
Contract farming
No