Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3844
Deal #3844 Version #64156
Cameroon
Created at
2013-06-27
Last update
2018-12-18
Land area
Intended size
65 000 ha
Size under contract (leased or purchased area)
- [2013, current] 45000.0 ha
Comment on land area
Additional 20 000 hectares planned for oil palm. Another study found the concession to be 43939 hectares. Another data source states 45198 hectares.
Intention of investment
Intention of investment
- [current] Non-food agricultural commodities, Agriculture unspecified
Comment on intention of investment
The company will also begin planting oil palm
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2013, current] Concluded (Contract signed)
Comment on negotiation status
Decree has been obtained in March 2013, long term lease has been finalised.
Implementation status
Implementation status
- [2013, current] Startup phase (no production)
Comment on implementation status
The investors have cleared 3274hectares of forest up to 2014. A 2018 media report states at least 10 000ha have been cleared.
Contract farming
Contract farming
No