Deal #4176

Indonesia
Created at
2013-11-07
Last update
2021-09-30
Last full update
2021-09-30

Land area

Size in operation (production)
  • [2012, current] 1035.0 ha
Comment on land area
Altogether PT Astra Agro Lestari Tbk operates 272,994 hectares of palm oil plantations in Sumatra, Kalimantan and Sulawesi (of which 212,622 hectares are nucleus estates and 60,372 hectares are under contract farming). Some parts of these 272,994 hectares were acquired before 2000.

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops, Non-food agricultural commodities

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2012, current] In operation (production)
Comment on implementation status
(2016) PT Sawit Jaya Abadi is operating in both of its locations without and HGU

Purchase price

Comment on purchase price
No information found

Contract farming

Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
As of year 2018. In August 2019, the company signed a MoU with the Fajar Sinar Palande Cooperative in Singkona Village regarding the development and operation of a Plasma garden to return 20 percent of the concession area to the community in the company's surrounding area.