Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3156
Deal #3156 Version #90053
Uganda
Created at
2013-02-25
Last update
2023-04-03
Last full update
2022-09-08
Land area
Intended size
3 199 ha
Size under contract (leased or purchased area)
- [2007] 2669 ha
- [2011, current] 2669 ha
Size in operation (production)
- [2008] 596 ha
- [2022-07-28, current] 1972 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. One source states further expansion of 530ha in 2011, but this is to be confirmed. The current size in operation has been derived from satellite imagery and the image is for 1972ha.
Intention of investment
Intention of investment
- [2011, current] Timber plantation for wood and fiber, For carbon sequestration/REDD, Forestry unspecified (1972 ha)
Comment on intention of investment
CDM- project (Clean Development Mechanism). Wood also sold as timber and charcoal.
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2007, current] Concluded (Contract signed)
Comment on negotiation status
The 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
Implementation status
- [current] In operation (production)
Comment on implementation status
It is not clear when the project originally became operational.
Contract farming
Contract farming
No