Deal #3436

Senegal
Created at
2013-03-22
Last update
2023-01-04
Last full update
2023-01-04

Land area

Intended size
50 000 ha
Size under contract (leased or purchased area)
  • [2010, current] 500 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

Intention of investment
  • [2010, current] Biomass for biofuels (500 ha)
Comment on intention of investment
Production of jatropha for biofuels

Nature of the deal

Nature of the deal
Lease

Negotiation status

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

Implementation status
  • [current] Project abandoned

Contract farming

Contract farming
No