Deal #4061

Mozambique
Created at
2013-09-09
Last update
2022-09-19
Last full update
2022-09-19

Land area

Intended size
4 900 ha
Size under contract (leased or purchased area)
  • [2011] 3200 ha
  • [2014, current] 4030 ha
Size in operation (production)
  • [2020, current] 743 ha
Comment on land area
According to the company website, 463ha planted with macadamia, 180ha of irrigated field crops and 100ha dryland crops. The estate is only 793ha according to the 2020AR. The exact size under contract is unclear. By 2017 the company aims to have 700 ha of macadamia, 120 ha of potato and 1,000 ha of maize in operation. In the 2013AR the company states that it has applied for another lease, which would bring the total area to 4900ha available for cultivation.

Intention of investment

Intention of investment
  • [2014, current] Food crops (4030 ha)
Comment on intention of investment
Production of Macadamia nuts,maize and oil seeds

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2011, current] Concluded (Contract signed)
Comment on negotiation status
Size under contract increased in 2014.

Implementation status

Implementation status
  • [2012] Startup phase (no production)
  • [2017, current] In operation (production)
Comment on implementation status
Macadamias take about 7 years to mature, other produce is under production, however start up phase as macadamias is the largest production avenue (highest hectares)

Contract farming

Contract farming
No