Deal #3164

Tanzania
Created at
2013-02-26
Last update
2024-03-19
Last full update
2024-03-19

Land area

Intended size
42 000 ha
Size under contract (leased or purchased area)
  • [2011-10-21, current] 42000 ha
Size in operation (production)
  • [current] 60.7 ha
Comment on land area
Another source mentions 68,000-acres. "The Aslan Group has cleared 150 acres and plans to produce soybeans and sorghum."

Intention of investment

Intention of investment
  • [2011-10-21, current] Food crops, Livestock (42000 ha)
Comment on intention of investment
Production of food crops and livestock.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011-10-21, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)

Purchase price

Comment on purchase price
"acquired for $5 million from a family that had owned it for 20 years."

Contract farming

Contract farming
No