Deal #4244

Location #1

Spatial accuracy level
Administrative region
Location
Rivera, Uruguay

Target country
Uruguay

Land area

Size under contract (leased or purchased area, in ha)
[2012] 15626
Size in operation (production, in ha)
[2012] 10864
Comment on land area
The land started to be acquired since 2009, and it has been increasing through the years Area in production is planted area

Intention of investment

Intention of the investment
Timber plantation (for wood and fibre)

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2009] In operation (production)
Comment on implementation status
the joint venture started in 2009 with plantations growing

Number of total jobs created

Jobs created (total)
Yes
Comment on jobs created (total)
The joint venture had 566 employees at Dec 2012, and 870 from outsourcing in whole Uruguay. In Rivera, the labor is by outsourcing

Operating company

Operating company
Name of investment project
Rivera Land

 

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Data source #1

Data source type
Company sources
File
Date
2013-03-30
Comment on data source
Land extention Location employment production former use

Data source #2

Data source type
Company sources
File
Date
2013-02-07
Comment on data source
Land rented to the farmers

Data source #3

Data source type
Company sources
File
Date
2012-12-03
Comment on data source
The joint venture started in Oct 2009. They produce the wood, process and export it

Data source #4

Data source type
Company sources
File

Data source #5

Data source type
Company sources
File

Data source #6

Data source type
Company sources

Data source #7

Data source type
Company sources

How did the community react?

Comment on community reaction
there are farmers who rented the company's land to pastoral activities for their cattle

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Eucalyptus

Use of produce

Has domestic use
Yes
Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The joint venture processes the wood and exports it

Water extraction envisaged

Water extraction envisaged
No
Comment on water extraction envisaged
but eucalyptus absorbs groundwater in an intensive way

Source of water extraction

Source of water extraction
Groundwater
Comment on source of water extraction
Not from a well. Eucalyptus absorbs groundwater naturally

Overall comment

Overall comment
This is a deal from split up deal 932

Feb. 27, 2019, 7:46 p.m.

overwritten

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March 18, 2016, 10:52 p.m.

overwritten

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Dec. 4, 2013, 5:22 a.m.

active

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