Deal #3863 Version 64305 Version 64306
Size under contract (leased or purchased area)
  • [current] 22000.0 ha
  • [1998, current] 22000.0 ha
Size in operation (production)
  • [current] 12300.0 ha
Comment on land area
9000 Ha planted with hevea brasiliensis trees and planted about 3300 Ha of Palm trees
Intention of investment
  • [current] Non-food agricultural commodities, Agriculture unspecified
  • [1998, current] Non-food agricultural commodities, Agriculture unspecified (22000.0 ha)
Negotiation status
  • [current] Concluded (Contract signed)
  • [1998, current] Concluded (Contract signed)
Implementation status
  • [2011, current] Startup phase (no production)
  • [current] Startup phase (no production)
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.
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. TROPICORE is a sourcing company and are also involved (not sure how- https://www.tropicore.com/about-us/).
Comment on community reaction
Violent clashes occurred in 2011 in the village of Saoro when land was cleared for plantations
Violent clashes occurred in 2011 in the village of Saoro when land was cleared for plantations
In country processing of produce
Yes
Comment on in country processing of produce
mill