Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3404

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

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

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2009, current] Concluded (Contract signed)
Comment on negotiation status
Increase in land area since 2009.

Implementation status

Implementation status
  • [2010] Startup phase (no production)
  • [2011, current] In operation (production)
Comment on implementation status
First trees planted in 2010

Contract farming

Contract farming
No