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Deal #3747 Version #63296

Congo, Dem. Rep.

Created at

2013-05-29

Last update

2020-05-20

Last full update

2024-09-12

Land area

Intended size

29 066 ha

Size under contract (leased or purchased area)

[2007, current] 29066.0 ha

Size in operation (production)

[2013] 6169.0 ha
[2014] 6090.0 ha
[2018, current] 6200.0 ha

Comment on land area

Land titles for 29 066ha. Company annual report states 28 261ha. 6090ha under palm oil.

Intention of investment

[current] Non-food agricultural commodities, Agriculture unspecified

Comment on intention of investment

Oil production for domestic market, in particular for industrial sectors such as food, soap and cosmetics. The company also intends to expand into rubber.

Nature of the deal

Lease

Negotiation status

[2007, current] Concluded (Contract signed)

Comment on negotiation status

Different concessions have different start years: 1992/2005/2007/2011. 10 concessions in total.

Implementation status

Project not started
[current] In operation (production)

Comment on implementation status

Intercultures acquires Huilerie de Mapangu, in RDC. The company is renamed with its original designation Brabanta. The objective is to replant the old oil palm concession.

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

1.2% of the Fresh Fruit Bunches were produced by smallholders.