Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3424

Deal #3424 Version #60852

Sierra Leone
Created at
2013-03-22
Last update
2016-10-06
Last full update
2024-06-18

Land area

Intended size
21 000 ha
Size under contract (leased or purchased area)
  • [2011, current] 21000.0 ha
Comment on land area
In 2015 1,700ha under production between this plantation and the Ghana plantation.

Intention of investment

Intention of investment
  • [current] Forest logging / management for wood and fiber

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)
Comment on negotiation status
The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians.

Implementation status

Implementation status
  • [2012, current] Startup phase (no production)

Contract farming

Contract farming
No
Comment on contract farming
The land area has limited subsistence farming going on which is primarily centered around the low lying swampy areas for rice cultivation unsuitable for forestry. The Company works in ongoing consultation with local farmers and aims to bring additional benefit to such farmers through opening up swampy areas for rice cultivation and enabling controlled agro-forestry thus providing clear land for subsistence farming, mutual crop protection and keeping the land free of nutrient sapping undergrowth.