Deal #3863

Location #1

Spatial accuracy level
Administrative region
Location
Yomou, Guinea

Target country
Guinea
Comment on location
Saoro est situé dans la préfecture de Yomou à plus de mille kilomètres de la capitale guinéenne Conakry

Land area

Intended size (in ha)
22000
Size under contract (leased or purchased area, in ha)
22000

Intention of investment

Intention of the investment
Non-food agricultural commodities, Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2011] Startup phase (no production)
Comment on implementation status
En juillet 2011, la SOGUIPAH a dépêché dans la zone des engins lourds pour ouvrir des routes menant à ces terres, détruisant de nombreux champs, selon des témoignages recueillis fin juillet par l’AFP

Contract farming

Contract farming
No

Operating company

Operating company
Comment on investment chain
Originally government owned, in 1994 management was transferred to a company which was owned by Terres Rouges Consultants (85%) and the government (15%). SOCFIN owns Terres Rouges Consultants. SOCFIN took control over the plantations eventually.

 

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Data source #1

Data source type
Media report
File
Comment on data source
Hub Rural

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Research Paper / Policy Report
File
Comment on data source
Grain Planet palm oil, September 2014

How did the community react?

Community reaction
Rejection
Comment on community reaction
Violent clashes occurred in 2011 in the village of Saoro when land was cleared for plantations

Detailed crop, animal and mineral information

Crops area
Oil Palm, Rubber tree

Oct. 22, 2014, 4:55 p.m.

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July 3, 2013, 12:03 p.m.

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July 3, 2013, 11:39 a.m.

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