Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4130

Deal #4130 Version #65927

Argentina
Created at
2013-10-14
Last update
2014-10-01
Last full update
2024-04-17

Land area

Size under contract (leased or purchased area)
  • [2003, current] 132000.0 ha
Size in operation (production)
  • [2010, current] 24000.0 ha
Comment on land area
The land was acquired from a bidding process started in 1998 and concluded in 2000 for 362000 hectares (the land was in Salta Forestal S.A hands before its privatization). 132000 hectares are with Agropecuaria Cervera S.A. since 2003.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
At the begining the 360000 hectares were acquired through a bidding process for Ecodesarrollo Salta. After, in 2003 the right were divided with Agropecuaria Cervera S.A.

Negotiation status

Negotiation status
  • [2003, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2010, current] In operation (production)
Comment on implementation status
Just 24,000 hectares are in production

Purchase price

Comment on purchase price
There is a investment commitment for 16 millions Pesos in the first 30 concesion years.for the whole area and a canon payment of US$45000 per year