Deal #3885

Tanzania
Created at
2013-07-05
Last update
2024-04-10
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

Intention of investment
  • [current] Agriculture unspecified (6000 ha)
Comment on intention of investment
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.

Nature of the deal

Nature of the deal
Lease

Negotiation status

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

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

Contract farming
Yes
On leased / purchased
Yes