Deal #3164

Tanzania
Created at
2013-02-26
Last update
2024-08-29
Last full update
2024-08-29

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.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011-10-21, current] Concluded (Contract signed)
Comment on negotiation status
The date of incorporation is 2011-10-21

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