Deal #3901

Location #1

Spatial accuracy level
Coordinates
Location
Grand Kru, Liberia

Latitude
4.8
Longitude
-8
Target country
Liberia
Contract area
Comment on location
The concession spans over three provinces: Grand Kru, Maryland, River Cess. The land lies within the latitudes 4.8-5.1 and longitudes 8-8.3; Coordinates of contract area in contract, page 9-11

Land area

Intended size (in ha)
119344.0
Size under contract (leased or purchased area, in ha)
[2009] 119344

Intention of investment

Intention of investment
Timber plantation (for wood and fibre)
Comment on intention of investment
The company is required to replant within 5 years of harvesting using native tree species.

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Forest Management Contract Area "P". The contract is not renewable. Limited extensions are possible.

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)
Comment on negotiation status
Note: this contract was not cancelled in 2013 when the company's other PUPs were cancelled- see overall comment tab for more information.

Implementation status

Implementation status
[2012] In operation (production)
Comment on implementation status
In 2012 Atlantic Resources was fined $10,000 for operating without an environmental permit.

Leasing fees

Annual leasing fee
8.9
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha
Comment on leasing fees
No surface rental was paid by the company for the period 1 July 2010 - 30 June 2011. Atlantic Resources shall pay the Government an annual contract administration fee. Atlantic Resources shall pay an annual coupe inspection fee to the Government. Atlantic Resources shall pay an annual area fee.

Contract farming

Contract farming
No

Contract #1

Contract date
2009-09-30
Duration of the agreement (in years)
25

Number of domestic jobs created

Jobs created (domestic)
Yes
Comment on jobs created (domestic)
Atlantic Resources must give preference to competent and qualified individuals living in and near the contract area, and particularly to individuals from communities benefiting from Atlantic Resources's social agreements. Atlantic Resources must not import unskilled labor from outside Liberia.

Operating company

Comment on investment chain
Atlantic Resources is dependent upon PDT (Perkapalan Damai Timur Sdn. Bhd), an international company that has made a binding commitment to provide Atlantic Resources with US $60 million. Unfortunately, PDT does not have US $60 million. PDT is, however, related to another international company, Samling, a Hong Kong-listed logging company with considerable financial resources. An online search reveals that PDT and Samling Strategic Corp. have the same address, and according to the Due Diligence Report, PDT and Samling Global Limited share stock.

 

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Data source #1

Data source type
Media report
File
Date
2012-12-21
Comment on data source
Global Witness- Logging company flouts Liberian President's timber export ban and drives breakdown in rule of law

Data source #2

Data source type
Research Paper / Policy Report
File
Comment on data source
Global Witness- Holding the Line? February 2017.

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File
Date
2015-11-02

Data source #5

Data source type
Personal information
Date
2017-05-02
Comment on data source
"You are correct to say that many of Atlantic’s licenses were cancelled in 2013 – the PUPs. However, as you saw in our recent report (Holding the Line?) Atlantic continue to hold a large license of a different type that was awarded through a different process – FMC."

Data source #6

Data source type
Media report
File
Date
2013-01-09
Comment on data source
All Africa- Liberia: Atlantic Resources, Affiliates in 'Criminal' Forest Business - PUP probe committee recommends closure

Data source #7

Data source type
Media report
File
Date
2009-09-30
Comment on data source
All Africa- Liberia: Forest Management Contracts Signed into Law

Data source #8

Data source type
Research Paper / Policy Report
File
Comment on data source
Who is buying Liberia's forests by Global Witness

Data source #9

Data source type
Government sources
File
Comment on data source
Leiti 4th Reconciliation Report

Data source #10

Data source type
Research Paper / Policy Report
File
Date
2013-05-01
Comment on data source
LEITI Post Award Process Report

Data source #11

Data source type
Research Paper / Policy Report
File
Comment on data source
Social and Environmental Impacts of Agricultural Large-Scale Land Acquisitions in Africa—With a Focus on West and Central Africa- Michael Richards

Data source #12

Data source type
Contract
File
Open Contracting ID
ocds-591adf-2644859769
Comment on data source
Coordinates of contract area in contract, page 9-11

Data source #13

Data source type
Research Paper / Policy Report
File
Date
2012-12-19
Comment on data source
SPECIAL INDEPENDENT INVESTIGATING BODY REPORT ON THE ISSUANCE OF PRIVATE USE PERMITS (PUPS)

Data source #14

Data source type
Other (Please specify in comment field)
Date
2010
Comment on data source
Social agreement with affected communities (Mary land, Grand Kru and River Gee)

Consultation of local community

Community consultation
Limited consultation
Comment on consultation of local community
A 1 day meeting was held with the community however community suggestions coming out of that meeting were ignored.

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
The company agreed to pay US$1.50 per cubic meter to the CFDC apart from the payment of 30% land rental (US$2.50 per hectare to the community benefit sharing scheme).

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Roads
Capacity Building
Comment on promised benefits for local communities
The company agreed to participate in community development programs (such as human resource development, constructions of school and clinic). To recondition and maintain roads as well as provide first preference for employment for skill and unskilled employees of the affected communities in Maryland, Grand Kru and River Gee counties.

Former land owner (not by constitution)

Former land owner
Community

Former land use

Former land use
Forestry

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Use of produce

Has export
Yes
Country 1
India

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Sawmill and plywood mill, expected costs to build processing facilities is US$ 22, 200, 000

How much do investors pay for water and the use of water infrastructure?

Comment on how much do investors pay for water
Subject to the written approval of the Government, Atlantic Resources may use free of charge any water found within the contract area and any water within the public domain within 5 kilometers of the contract area.

How much water is extracted?

Comment on how much water is extracted
Atlantic Resources shall not deprive any lands, tribes, villages, towns, houses, or watering places for animals of a reasonable supply of water in so far as such water has customarily been utilized. Atlantic Resources shall also not interfere with the rights of water enjoyed by any persons

Overall comment

Overall comment
The company also operated 517,746ha of several Private Use Permits. Another report states that the company obtained private use permits for about 840 000 hectares of forest. The PUP's were cancelled in 2013 (not the FMC). "The Special Independent Investigation Body (SIIB) setup by President Ellen Johnson-Sirleaf to investigate the issuance of Private Use Permits (PUPs) has recommended that Atlantic Resources Limited (ARL) be required to pay all tax arrears on Forest Management Contract (FMC) and be permanently barred from engaging in commercial forestry activities in Liberia." The company's PUP's were cancelled in response to their illegal logging and failure to pay their taxes. A moratorium has also been placed on all Private Use Permits (PUPs).

Nov. 26, 2019, 2:46 p.m.

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March 4, 2014, 9:58 a.m.

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Feb. 26, 2014, 11:42 a.m.

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July 11, 2013, 1:48 p.m.

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