Deal #3106

Location #1

Spatial accuracy level
Coordinates
Location
Puerto López, Meta, Colombia

Latitude
3.8906
Longitude
-72.8963
Facility name
Hacienda Cantaclaro
Target country
Colombia
Contract area
Comment on location
According to media reports and official documents (Source 11), the facility name is the Hacienda Cantaclaro, which was acquired in 2003 by the Grupo GPC, which is the parental company of Suministros de Productos Colombianos SA, the operating company of the project. The upload shapefile includes two polygons, which have the presence of cassava fields. Neverhtless, according to cadastre data from the Instituto Geográfico Agustín Codazzi, only the northern polygon is, with certainty, property of the company. The Cadastral number of this land holding is 505730002000000010035000000000.

Land area

Size under contract (leased or purchased area, in ha)
2300
Size in operation (production, in ha)
[2018-06-27] 0
Comment on land area
According to an institutional video, the project comprehends 2300 hectares that were bought in 2003 by the company. With respect to the land in operation, it seems that the company sowed 1200 hectares of the project (Source 8). In an official document defining areas in which large agribusiness are to be fostered, it is mentioned that by 2018 the project was inactive (Source 13). Nevertheless, satellite imagery shows cassava fields in the properties.

Intention of investment

Intention of the investment
Biofuels, Non-food agricultural commodities, Agriculture unspecified
Comment on intention of investment
The goal of the investment is to generate bioethanol from Bitter cassava. Along with the production of the Biofuels, the residuals of the process might be used for animal feed and starch (Source 2)

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
Company owns the land (Sources 2 and 6)

Negotiation status

Negotiation status
[2003] Concluded (Contract signed)

Implementation status

Implementation status
[2018-06-27] Project abandoned
Comment on implementation status
According to an official document (source 13), the project was abandoned. Nevertheless in a Blog (Source 8) is stated that the project planted 1200 hectares of cassava and the fields are observable with satellite pictures. The date of the imagery is unknown

Contract farming

Contract farming
No

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of jobs (domestic)
[2009-12-01] 150
Comment on jobs created (domestic)
According to an institutional video (Source 10), the company had eployed 150 people, most of them nationals. In a blog is stated that the company will generate 40 direct jobs for the plant and 400 indirect jobs. The amount from the video was taken because it might be more reliable

Operating company

Operating company
Name of investment project
Proyecto Cantaclaro
Comment on investment chain
In official documents (Environmental licenses - Source 11), Sumprocol appears as the company managing the Hacienda Cantaclaro. In the website of GPC Group Sumprocol appears as a subsidiary of the latest.

 

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Data source #1

Data source type
Company sources
File
Date
2012-03-22

Data source #2

Data source type
Media report
File
Date
2009-02-27
Comment on data source
It refers the expectations over 45,600 hectares in the future

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Company sources
File

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Media report
File

Data source #8

Data source type
Media report
File

Data source #9

Data source type
Media report
File

Data source #10

Data source type
Company sources
Publication title
Alcohol Carburante - GPC Etanol
Date
2009-12-01
Comment on data source
Institutional video of the project

Data source #11

Data source type
Government sources
File
Publication title
Crtificación N° 4217
Comment on data source
Official Document issued by the Autoridad Nacional de Licencias Ambientales - ANLA - on May 21, 2014

Data source #12

Data source type
Government sources
File
Publication title
Proyecto de de ecreto ZIDRES en Puerto López Meta
Date
2018-08-02
Comment on data source
This official document refers to the creation of a ZIDRES area in the municipality of Puerto López, Meta. Relating this information to the geographic specifications distributed by the UPRA in February of 2018 and the Land Registry data, it can be confirmed that the area of the project lies within this declared area. This means that the project developed there might have tax reductions and other incentives.

Data source #13

Data source type
Government sources
File
Publication title
Plan de ordenamiento productivo y social de la propiedad rural de la zidres - Puerto López (Meta)
Date
2018-06-27
Comment on data source
Official document that states that the project is currently abandoned

Detailed crop, animal and mineral information

Crops area
[2010] Cassava (Maniok), Corn (Maize), Sorghum, Soya Beans (1200 ha)
Crops yield
Cassava (Maniok) (45 tons)
Comment on crops
The crop yield according to the institutional video is of 45 Ton/Ha with three varieties developed together with the International Center for International Agriculture. In source 8 is stated that the yield is expected to be of 30 Ton/Ha

Use of produce

Has domestic use
Yes
Comment on use of produce
The principal crop is cassava to produce ethanol. They also pretend to produce animal feed and starch from the residual.

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
In 2007 they started the construction of a ethanol distillery. (Source 10)
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
Ethanol distillery was under construction in 2007

Overall comment

Overall comment
This deal relates to an investment realized by a group, which previously related to the Oil Energy sector. After some time the company has extended its working areas to biofuels, import of luxury vehicles and others. In 2003 they started a project in Puerto López, Meta, in companion of the CIAT for the development of a variety of cassava able to generate biofuels. This was never done in the country. They decided to implement a variety of cassava that is not ideal for human consumption, therefore reducing risks for food insecurity. It seems that the project has planted 1200 hectares of land, out of 2300 at their disposal. Nevertheless, an official document implies that the project was abandoned by 2018. The holdings considered for this project are located in an area that is supposed to be used to foster large scale commercial farms, according to Law 1776, or also known as Zidres.

Feb. 19, 2019, 5:49 p.m.

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Feb. 23, 2018, 11:58 p.m.

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Feb. 25, 2016, 10:40 p.m.

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July 16, 2013, 9:40 p.m.

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Feb. 26, 2013, 8:48 p.m.

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Feb. 22, 2013, 11:44 p.m.

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Feb. 22, 2013, 11:33 p.m.

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