Deal #326

Location #1

Spatial accuracy level
Administrative region
Location
Belaga, Sarawak, Malaysia

Target country
Malaysia

Land area

Size under contract (leased or purchased area, in ha)
[2009] 11575

Intention of investment

Intention of the investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[1998] Concluded (Contract signed)
Comment on negotiation status
in October 1998

Implementation status

Implementation status
[1997] In operation (production)

Contract #1

Duration of the agreement (in years)
60

Operating company

Comment on investment chain
(2016) There are news that the investor declared bankruptcy bu there are no news if properties they owned changed were sold or if there are any investors that may have replaced them

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2008-01-01
Comment on data source
Malaysian palm oil - green gold or green wash?

Data source #2

Data source type
Research Paper / Policy Report
File

Data source #3

Data source type
Company sources
File
Date
2009-12-01
Comment on data source
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/7f04516f8098680348256c6f0017a6bf/1592f4bcdcaeae13482576790030faca/$FILE/EKRAN-AnnualReport2009 (1.2MB).pdf

Data source #4

Data source type
Media report
File
Date
2013-04-01

Data source #5

Data source type
Media report
File
Date
2014-08-22

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
"Ekran’s commitment to give the villagers shares in the business became an empty promise" (http://borneoproject.org/updates/villagers-blockade-timber-and-palm-oil-company-in-belaga-sarawak )

Former land owner (not by constitution)

Former land owner
Community

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Oil Palm

Dec. 27, 2016, 6:20 p.m.

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June 11, 2015, 5:10 p.m.

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April 27, 2015, 2:37 p.m.

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March 25, 2014, 1:05 p.m.

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March 25, 2014, 1:02 p.m.

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May 13, 2013, 1:27 a.m.

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Feb. 15, 2013, 4:59 p.m.

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