Deal #3754

Location #1

Spatial accuracy level
Administrative region
Location
El Castillo, Nicaragua

Target country
Nicaragua

Land area

Size under contract (leased or purchased area, in ha)
[2010] 3200
Size in operation (production, in ha)
[2010] 3200

Intention of investment

Intention of investment
Timber plantation (for wood and fibre)
Comment on intention of investment
El objetivo fundamental del proyecto es generar una base forestal capaz de sustentar una planta de aserrío de escala competitiva, enfocada a un suministro de bajo costo y con una producción anual de 35,000 metros cúbicos de madera seca al horno.

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2004] Concluded (Contract signed)
Comment on negotiation status
Desde el 2004, la empresa desarrolla sus operaciones en Departamento de Río San Juan The company is still recquiring more land in the area. It is unknown, how much land was acquired in 2004

Implementation status

Implementation status
[2004] In operation (production)

Operating company

 

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Data source #1

Data source type
Company sources
File
Date
2013-05-29

Data source #2

Data source type
Personal information
Date
2013-05-29
Includes in-country-verified information
Yes

Data source #3

Data source type
Other (Please specify in comment field)
Date
2010-09-01
Comment on data source
NGO report

Data source #4

Data source type
Government sources
Date
2011-06-08

Data source #5

Data source type
Media report
File
Date
2013-05-29

Data source #6

Data source type
Media report
File

Data source #7

Data source type
Research Paper / Policy Report
File

How did the community react?

Community reaction
Mixed reaction

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Comment on former land owner
inter alia

Former land use

Former land use
Smallholder agriculture
Conservation
Comment on former land use
inter alia

Former land cover

Former land cover
Cropland
Other land (e.g. developed land – specify in comment field)
Comment on former land cover
Pastures

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Feb. 28, 2019, 10:06 p.m.

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March 2, 2016, 11:29 p.m.

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Feb. 4, 2014, 1:22 p.m.

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May 29, 2013, 7:43 p.m.

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