Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3795

Deal #3795 Version #63724

Congo, Rep.
Created at
2013-06-04
Last update
2021-03-23
Last full update
2024-04-05

Land area

Intended size
544 730 ha
Size under contract (leased or purchased area)
  • [2012, current] 544730.0 ha
Size in operation (production)
  • [current] 452200.0 ha
Comment on land area
Pokola: 452,200ha Pikounda-nord: 92,530ha

Intention of investment

Intention of investment
  • [current] Forest logging / management for wood and fiber, For carbon sequestration/REDD
Comment on intention of investment
Pokolo forest concession is FSC certified. The Concession of Pikounda has been a conservation area as a REDD + project

Nature of the deal

Nature of the deal
Concession

Negotiation status

Negotiation status
  • [2012, current] Concluded (Contract signed)
Comment on negotiation status
Olam International Ltd. acquired forestry company CIB in January 2011.

Implementation status

Implementation status
  • [current] In operation (production)
Comment on implementation status
Logs are selectively harvested on an annual basis over three separate harvesting phases.

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Comment on contract farming
See #5500 for more information.