Deal #3586

Location #1

Spatial accuracy level
Administrative region
Location
Emirau, Papua-Neuguinea

Target country
Papua New Guinea

Land area

Size under contract (leased or purchased area, in ha)
[2006] 3384

Intention of investment

Intention of investment
Renewable Energy, Other (please specify)
Comment on intention of investment
project description: "The EMIRAU HAUS is a contemporary modern living air conditoned high tech Home Office ... [It] is a self sufficient building that provides its own, Permaculture Food, Rain Water, Green Electricity, Grey and Black water treatment Methane for cooking and cooling and Telecommunications and Internet. It uses wind generators, solar panels, Methane gas off black water and compost and ocean current generators... The materials are made from the natural coconut wood laminated into beams, Resin based organic bush regrowth manufactured panels, Bamboo/Coconut flooring panels, all made in our production plant, imported recycled plastic pylons and boardwalk decking, Imported glass, rammed locally sourced limestone walls, local limestone blocks and some imported cement... The Houses sell Export Organic Food and water, Export Wild Fish, Boutique Accommodation and Electricity... The Building Material Production Plant sells building materials to the rest of Melanesia..."

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
[2008] Failed (Contract cancelled)
Comment on negotiation status
The companies name was removed from the register

Contract #1

Duration of the agreement (in years)
99

Operating company

Operating company
Name of investment project
Emirau Mother's Haus
Comment on investment chain
"Emirau Mother's Haus is a development project of WIND TRADER LIMITED in conjunction with the EMIRAU TRUST LIMITED"

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Research Paper / Policy Report
File
Date
2011-01-01

Data source #2

Data source type
Company sources
File
Date
2010-10-18

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2012-08-01

Displacement of people

Number of people actually displaced
600
Comment on displacement of people
shall be relocated to the new buildings cost of relocating all 600 islanders to a cluster of new buildings around it is estimated at USD4–5 million

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
the project aims to establish a subsistent "modern living air conditoned high tech Home Office" which also produces income. It shall enable the "new settlement of some 120 EMIRAU HAUS's, plus a Church, Community meeting building, Nursing Station, Emirau Trust Administration Building, modest visitor accommodation, a new School and Library."

Former land owner (not by constitution)

Former land owner
State
Comment on former land owner
state bought the land in January 2005

Detailed crop, animal and mineral information

Crops area
Bamboo, Trees (unspecified)

Aug. 28, 2013, 2:26 p.m.

overwritten

This version

Compare with previous version

June 10, 2013, 6:21 p.m.

overwritten

Show this version

Compare with previous version

May 13, 2013, 12:05 a.m.

overwritten

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.