Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3156

Deal #3156 Version #59011

Uganda

Created at

2013-02-25

Last update

2015-08-18

Last full update

2022-09-08

Land area

Intended size

3 199 ha

Size under contract (leased or purchased area)

[2007] 2669.0 ha
[2011, current] 3199.0 ha

Size in operation (production)

[2008] 596.0 ha
[2013, current] 2016.0 ha

Comment on land area

2,050 ha are plantable with 546 ha set aside for conservation and 73 ha for infrastructure. Another report states 2099ha plantable. Oakland Institute report states that total hectares investor has in Uganda is 11864ha between #3020 and #3156. Further expansion of 530ha in 2011.

Intention of investment

[current] Timber plantation for wood and fiber, For carbon sequestration/REDD

Nature of the deal

Lease

Negotiation status

[2007, current] Concluded (Contract signed)

Comment on negotiation status

The 660 ha Kachung Forest is managed by the Norwegian Afforestation Group (U), which was acquired in 2007 by Green Resources. One report states that the company acquired the land in 1999, while another states that the company acquired rights to plant in 1996.

Implementation status