Deal #3424 Version #88655

In 2015 1,700ha under production between this plantation and the Ghana plantation. In its 2020 annual report, the company states that it intends to expand its operation. Company history on the website states "Plantation Area Established Exceeds 10,000ha" in 2017. The company is looking to expand the area in operation (2021 annual report).

The land is being leased under long-term agreements with landowners ratified by the chief's and government as legal custodians.

Sawmilling commences in 2016. Still in operation in 2021.

Reviewed every 7 years. Taken from the lease contract.

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. But this is not considered contract faming because it is for subsitence farming and not contract farming (company does not buy it). The company does however buy cut logs from smallholder farmers- with a focus on women farmers. At this stage the total number of farmers/ area is unclear (2022).