Deal #3352

Land area

Size under contract (leased or purchased area)

119400.0 ha
[2016, current] 112100.0 ha

Size in operation (production)

17300.0 ha
[2016, current] 12100.0 ha

Comment on land area

Siat Gabon runs 12100 ha of mature rubber plantations and a cattle ranch of 100,000 ha with a herd of 6,000 cows. Oil palm plantation and refinery/ mill was held until 2016. Olam took over Makouke plantation and the three associated concessions there-under (#7624).

Intention of investment

Livestock, Non-food agricultural commodities, Agriculture unspecified, Tourism
[2016, current] Livestock, Non-food agricultural commodities, Tourism

Comment on intention of investment

Plans to convert part of ranch into eco-tourism facility. As of 2016, SIAT no longer has the oil palm plantation.

Nature of the deal

Lease

Comment on nature of the deal

emphyteotic leases as land is the exclusive property of the state in Gabon, ownership of the land cannot be private. Not only did Siat receive the land use right over the area under production but also on the area where Hévégab planned to plant but never achieved to expand its activity.

Negotiation status

[2004, current] Concluded (Contract signed)

Implementation status

[2004, current] In operation (production)

Comment on implementation status

Privatisation of Agrogabon, Hévégab and the Ranch of Nyanga

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 2100.0 ha

Comment on contract farming

When Hévégab was sold to Siat in 2004, the agreement between the Belgium group and the Gabonese authorities specified that all the outgrowers part of the VP would continue their activities. Siat committed not only to purchase all the production of the existing outgrowers but also to expand the production trough village plantation. SIAT no longer provided loans to the outgrowers.