Deal #4163

Location #1

Spatial accuracy level
Administrative region
Location
Riau, Indonesia

Target country
Indonesia

Land area

Size under contract (leased or purchased area, in ha)
[2012] 4027
Comment on land area
- In 2012 First Resources acquired 4,027 hectares of plantation asset in Riau. - Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan.

Intention of investment

Intention of the investment
Biofuels, Non-food agricultural commodities, Agriculture unspecified

Negotiation status

Negotiation status
[2012] Concluded (Oral Agreement)

Operating company

Comment on investment chain
First Resources operates its plantations in Indonesia through various subsidiaries.

 

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Data source #1

Data source type
Company sources
File
Date
2013-10-31

Data source #2

Data source type
Company sources
File
Date
2013-10-31

Data source #3

Data source type
Company sources
File
Date
2013-10-31

Data source #4

Data source type
Company sources
File
Date
2012-12-31

Data source #5

Data source type
Media report
File
Date
2014-04-03

Data source #6

Data source type
Media report
File
Date
2015-05-11

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Altogether First Resources has 146,000 hectares planted (of which 20,598 hectares are under contract farming) and a sizeable landbank for ongoing new plantings in Riau, East and West Kalimantan. (2015) There are no changes in the deal but it is facing charges for illegal burning

July 19, 2015, 8:20 a.m.

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Oct. 31, 2013, 11:09 a.m.

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