Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4120

Deal #4120 Version #65858

Kenya
Created at
2013-10-02
Last update
2019-03-13
Last full update
2024-04-17

Land area

Intended size
1 400 ha
Size under contract (leased or purchased area)
  • [2010, current] 1400.0 ha
Comment on land area
The company in 2010 had a "nucleus estate" of 1400 ha. I could not find out whether the rest of the used land is hold by the company or by the contracted farmers.

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops, Renewable energy unspecified

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
first acquisition by the state (company was initially wholly state-owned) in 1966; subsequent acquisitions (Contract Farming area for instance increased from 9073 ha in 1994 to 13196 ha in 2005)

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [1966] In operation (production)
  • [current] Project abandoned
Comment on implementation status
the company is in receivership

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 13196.0 ha
Comment on contract farming
90% of the cane is produced via CF, on 13196 ha. 40000 farmers are involved