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Deal #3506

Location

Location #1

Spatial accuracy level

Administrative region

Location

Kalimantan Tengah, Republik Indonesien

Target country

Indonesia

General info

Land area

Size under contract (leased or purchased area, in ha)

[2011] 8939

Size in operation (production, in ha)

[2011] 8939

Comment on land area

United Plantations Berhad has two plantations in Central Kalimantan. One of 924 ha and one of 8939 ha (planted area).

Intention of investment

Agriculture unspecified

Nature of the deal

Lease

Negotiation status

[2006] Concluded (Contract signed)

Implementation status

[2011] In operation (production)

Contract farming

Yes

Not on leased / purchased area (out-grower)

Yes

Comment on contract farming

UP is pursuing the Governments Plasma objective and further areas will be developed for this purpose in 2012.

Employment

Number of total jobs created

Jobs created (total)

Yes

Current number of jobs (total)

[2012] 994

Current number of employees (total)

[2012] 994

Investor info

Operating company

PT Surya Sawit Sejati "PT SSS1" (#36887)

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Data sources

Data source #1

Data source type

Company sources

URL

http://www.unitedplantations.com/Investor/Shareholder_structure.asp

File

Date

2013-02-28

Data source #2

Data source type

Company sources

URL

http://www.unitedplantations.com/Investor/Announcements.asp?CategoryEN=Report&Year=2011

File

Date

2012-04-18

Data source #3

Data source type

Media report

URL

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=UPL:MK

File

Date

2013-04-03

Local communities / indigenous peoples

How did the community react?

Community reaction

Mixed reaction

Comment on community reaction

The company itself has stated that it is involved in unresolved land disputes with local communities.

Promised benefits for local communities

Health
Other

Comment on promised benefits for local communities

Kindergarten

Produce info

Detailed crop, animal and mineral information

Crops area

Oil Palm

Use of produce

Has domestic use

Yes

Has export

Yes

History (8 versions)

July 16, 2015, 2:24 p.m.	overwritten	Show this version	Compare with previous version
July 16, 2015, 2:22 p.m.	overwritten	Show this version	Compare with previous version
Nov. 19, 2013, 12:31 p.m.	overwritten	Show this version	Compare with previous version
Nov. 19, 2013, 12:21 p.m.	overwritten	Show this version	Compare with previous version
June 14, 2013, 7:49 p.m.	overwritten	Show this version	Compare with previous version
June 14, 2013, 7:48 p.m.	overwritten	Show this version	Compare with previous version
May 16, 2013, 7:18 p.m.	overwritten	Show this version	Compare with previous version
May 13, 2013, 12:22 a.m.	overwritten	This version	First version