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Deal #3885 Version #87099

Tanzania

Created at

2013-07-05

Last update

2022-06-10

Last full update

2024-04-10

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[current] 6000 ha

Comment on land area

NB Tanagro Limited is entitled for allocation of another 6000 Hectares

Intention of investment

[current] Biomass for biofuels, Agriculture unspecified, Renewable energy unspecified (6000 ha)

Comment on intention of investment

has been pursuing investment in Oil Palm

Nature of the deal

Lease

Negotiation status

[2012] Intended (Under negotiation)
[2013, 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

[2014] Project not started
[2015] Startup phase (no production)
[current] Project abandoned

Comment on implementation status

Grain states the project is abandoned

Contract farming

Yes

On leased / purchased

Yes