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Deal #3404 Version #60663

Ghana

Created at

2013-03-21

Last update

2019-01-31

Last full update

2024-06-18

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[2009] 5000.0 ha
[current] 10000.0 ha

Size in operation (production)

[2011, current] 250.0 ha

Comment on land area

The land areas not planted by the Company currently hold a canopy cover of less than 5% and show a dominance of secondary growth species such as elephant grass, characteristic of the transition zone, and is ideally suitable for growing both indigenous and commercial timber species.

Intention of investment

[current] Timber plantation for wood and fiber

Comment on intention of investment

The Company mixes commercial plantation forestry with protection and regeneration of indigenous tree species and the promotion of bio-diversity and environmentally sustainable land-use management.

Nature of the deal

Lease

Negotiation status

[2009, current] Concluded (Contract signed)

Comment on negotiation status

Increase in land area since 2009.

Implementation status

[2010] Startup phase (no production)
[2011, current] In operation (production)

Comment on implementation status