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Deal #3436 Version #60976

Senegal

Created at

2013-03-22

Last update

2021-03-08

Last full update

2023-01-04

Land area

Intended size

50 000 ha

Size under contract (leased or purchased area)

[2010, current] 500.0 ha

Comment on land area

500-hectare pilot plantation. In the second year, plantations would be extended to an additional 2,500 hectares and eventually reach 50,000 hectares within six years (2016).

Intention of investment

[current] Biomass for biofuels

Nature of the deal

Lease

Negotiation status

[2010] Concluded (Contract signed)
[2011, current] Failed (Contract cancelled)

Comment on negotiation status

The investor was forced to cease operations after only two years due to the revocation of their forestry permit and, by extension, their land concession.

Implementation status