Deal #4060

Zambia
Created at
2013-09-09
Last update
2024-04-17
Last full update
2024-04-17

Land area

Intended size
440 ha
Size under contract (leased or purchased area)
  • [2009-12-15, current] 440 ha
Size in operation (production)
  • [2009-12-15, current] 440 ha
Comment on land area
Hectares under contract varies per source- one states 440 while the other 4430.

Intention of investment

Intention of investment
  • [2009-12-15, current] Food crops (440 ha)
Comment on intention of investment
PRODUCTION OF SUGARCANE

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • Concluded (Contract signed)
  • [2009] Concluded (Change of ownership)
  • [2009-12-15, current] Concluded (Contract signed)
Comment on negotiation status
Acquired on 15 December 2009 from D G Garner Limited. It is not clear when D G Garner limited first acquired the farm. At the time of acquisition it was intended that the farm would be the first step in establishing a much larger cane farming operation in Zambia, but no suitable expansion opportunities have been identified.

Implementation status

Implementation status
  • [2009] In operation (production)
  • [2019] In operation (production)
  • [2022, current] In operation (production)