Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3885

Deal #3885 Version #64468

Tanzania

Created at

2013-07-05

Last update

2016-04-12

Last full update

2024-04-10

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[current] 10000.0 ha

Size in operation (production)

[2015, current] 6000.0 ha

Intention of investment

[current] Biomass for biofuels, Agriculture unspecified, Renewable energy unspecified

Nature of the deal

Lease

Negotiation status

[2012] Intended (Under negotiation)
[current] Concluded (Contract signed)

Comment on negotiation status

The company’s initial proposal to grow sugarcane was rejected by the Kiwanga and Ndundutawa villages. The investor then changed plans to grow palm oil in the district and sourced other land.

Implementation status

[current] In operation (production)

Comment on implementation status

Total investment of $111million for the project.

Contract farming

Yes