Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3720

Deal #3720 Version #63135

Papua New Guinea
Created at
2013-05-08
Last update
2021-03-24
Last full update
2021-03-24

Land area

Size under contract (leased or purchased area)
  • [2012-08-08, current] 38350.0 ha
Comment on land area
•Lot B: 21,520 ha •Lot C: 16,830 ha

Intention of investment

Intention of investment
  • [current] Agriculture unspecified
Comment on intention of investment
oil palm plantation

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Special Agricultural & Business Lease (“SABL”)

Negotiation status

Negotiation status
  • [2012-08-08] Concluded (Contract signed)
  • [2014-05-21, current] Failed (Contract cancelled)
Comment on negotiation status
Contracts were cancelled due to complaints filed in the court of law by the customary land owners supported by NGOs.

Implementation status

Implementation status
  • [2012-08-08] Project not started
  • [2014-05-21, current] Project abandoned

Contract farming

Contract farming
No