Deal #3622

Location #1

Spatial accuracy level
Administrative region
Location
Kavieng, Papua-Neuguinea

Target country
Papua New Guinea

Land area

Size under contract (leased or purchased area, in ha)
[2007] 56592

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)

Implementation status

Implementation status
[2011] Project not started

Contract #1

Contract date
2007-10-17
Duration of the agreement (in years)
99

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
3000

Operating company

Name of investment project
Central New Hanover Agro-Forestry Project
Comment on investment chain
The Environmental Impact Statement says that shares in Central New Hanover Ltd are owned by 25 incorporated land groups representing 10,000 customary landowners, but the Environmental Inception Report indicates that only eleven of these shareholding groups would represent the customary owners of the land cleared for commercial agriculture

 

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Data source #1

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

Data source #2

Data source type
Research Paper / Policy Report
File
Date
2011-02-01

Data source #3

Data source type
Government sources
File
Date
2011-10-27

Data source #4

Data source type
Media report
File
Date
2012-02-08

Data source #5

Data source type
Media report
File
Date
2011-10-31

Data source #6

Data source type
Media report
File
Date
2011-11-15

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
infrastructure; income generating activities

Detailed crop, animal and mineral information

Crops area
Cacao, Trees (unspecified)

May 12, 2013, 10:55 p.m.

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