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

Deal #3795 Version #87936

Congo, Rep.

Created at

2013-06-04

Last update

2022-09-01

Last full update

2024-04-05

Land area

Intended size

544 730 ha

Size under contract (leased or purchased area)

[2012-06-08, current] 544730 ha

Size in operation (production)

[current] 452200 ha

Intention of investment

[2012-06-08, current] Forest logging / management for wood and fiber (335140 ha)
[2012-06-08, current] Conservation, For carbon sequestration/REDD (182640 ha)
[2012-06-08, current] Other (26950 ha)

Comment on intention of investment

The Concession of Pikounda has been a conservation area as a REDD + project. Pokota: Production 279190 hectares Conservation 4690 hectares Protection : 141370 hectares Communnity development: 26950 hectares Pikounda: Production: 55950 hectares Protection: 36580 hectares

Nature of the deal

Concession

Negotiation status

[2011] Intended (Under negotiation)
[2012-06-08, current] Concluded (Contract signed)

Comment on negotiation status

Olam International Ltd. acquired forestry company CIB in January 2011.

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

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

See #5500 for information on the company's contract farming activities within the country.