Deal #3656

Location #1

Spatial accuracy level
Administrative region
Location
Wewak, Papua-Neuguinea

Target country
Papua New Guinea

Land area

Size under contract (leased or purchased area, in ha)
[2008] 116840
Comment on land area
"an FCA [Forest Clearing Authority] over 121,000 hectares (supposedly the same land portion) was granted to Wewak Agriculture Development Ltd [secondary investor]" (Filer 2011: 7; http://www.future-agricultures.org/component/docman/doc_download/1144-the-political-construction-of-a-land-grab-in-papua-new-guinea )

Intention of investment

Intention of investment
Agriculture unspecified, Timber plantation (for wood and fibre)

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)

Implementation status

Implementation status
[2009] In operation (production)

Contract #1

Contract date
2008-08-14
Duration of the agreement (in years)
99

Operating company

Name of investment project
Turubu Oil Palm project
Comment on investment chain
diverging information regarding the primary investor: according to Greenpeace, "Sepik Oil Palm Plantation Ltd" holds the lease; other sources name "Limoa/Limavo/Limawo Holdings"

 

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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
2011-04-08

Data source #3

Data source type
Government sources
File
Date
2013-02-18

Data source #4

Data source type
Media report
File
Date
2012-02-16

Data source #5

Data source type
Media report
File
Date
2012-02-17

Data source #6

Data source type
Media report
File
Date
2012-05-22

Data source #7

Data source type
Media report
File
Date
2012-02-17

Data source #8

Data source type
Media report
File
Date
2009-08-18

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Detailed crop, animal and mineral information

Crops area
Oil Palm, Trees (unspecified)

June 7, 2013, 8:55 p.m.

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May 8, 2013, 9:08 p.m.

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