Deal #3782

Location #1

Spatial accuracy level
Administrative region
Location
Western Cape, South Africa

Target country
South Africa
Comment on location
From Kluitjieskraal to Grabouw- Western and Eastern Cape Regions. Headquarters and sawmill in Stellenbosch.

Land area

Intended size (in ha)
53000
Size under contract (leased or purchased area, in ha)
[2010] 18000
53000
Comment on land area
Another company source states 51000ha.

Intention of investment

Intention of investment
Timber plantation (for wood and fibre)

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2010] In operation (production)
Comment on implementation status
Current majority shareholder bought in 2010. The plantations were already operational

Contract farming

Contract farming
No

Number of domestic jobs created

Jobs created (domestic)
Yes
Comment on jobs created (domestic)
Limited employment opportunities as the factory and process is highly automated.

Operating company

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File
Comment on data source
Page does not exist.

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Media report
File
Comment on data source
Bloomberg Business- Company Overview of Cape Pine Investment Holdings

Data source #6

Data source type
Research Paper / Policy Report
File
Comment on data source
Forestry & Sawmilling Directory 2015

Data source #7

Data source type
Company sources
File
Date
2012-12-21
Comment on data source
Cape Pine Investment Holdings Newsletter

Promised benefits for local communities

Promised benefits for local communities
Education
Other

Materialized benefits for local communities

Comment on materialized benefits for local communities
In 2012 the company was identifying community projects- these include needlework groups, community library, creche, awareness programs.

Former land owner (not by constitution)

Comment on former land owner
Previously plantation and sawmill run by Mondi.

Former land use

Former land use
Forestry

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Eucalyptus, Pine

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Saw mill

March 7, 2019, 1:18 p.m.

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Nov. 27, 2018, 2:39 p.m.

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May 14, 2018, 9:37 p.m.

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April 21, 2016, 5:40 p.m.

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May 31, 2013, 3:33 p.m.

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