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Deal #3463 Version #61331

Liberia

Created at

2013-03-25

Last update

2015-07-22

Last full update

2024-03-05

Consultation of local community

Community consultation

Not consulted

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)

Resettlement only if the inhabitants impede the investors development. If so, the investor and the government work together to resettle, at the investors cost, up to a maximum of US$ 200 per hectare. The government will pay the costs exceeding US$200. Investor resettlement costs will be credited against income tax payable.

Promised benefits for local communities

Health, Education

Comment on promised benefits for local communities

Investor to provide reasonable medical care for local communities. The company will invest $5 per developed hectare annually to the community development fund- the fund is managed by a committee selected by the local community.