Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3200

Deal #3200 Version #59255

Cameroon
Created at
2013-03-01
Last update
2018-06-12
Last full update
2024-03-08

Land area

Intended size
200 000 ha
Size under contract (leased or purchased area)
  • [2012, current] 3348.0 ha
Comment on land area
Initial parcel of 3348ha. An additional 21552ha is being demarcated (2014).

Intention of investment

Intention of investment
  • [current] Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)
Comment on negotiation status
Announced in Aug 2011. The company signed an agreement in 2011 with the government, who would provide 200 000ha for this project. In March 2012, 3,348ha was signed off for nursery, not clear if remaining areas fully signed off or just under memorandum of understanding with the authorities. 3 year lease for the area signed in 2012.

Implementation status

Implementation status
  • [2014] Project not started
  • [2015, current] Project abandoned
Comment on implementation status
Environmental and Social impact assessment will be completed once the additional land has been demarcated. Grain states project failed in 2015.

Contract farming

Contract farming
No