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

Deal #3795 Version #92399

Congo, Rep.
Created at
2013-06-04
Last 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

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

Carbon offset project

Carbon offset project
Yes

Nature of the deal

Nature of the deal
Concession

Negotiation status

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

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 information on the company's contract farming activities within the country.