Deal #4303

Angola
Created at
2014-03-03
Last update
2025-02-06
Last full update
2025-02-06

Land area

Intended size
75 000 ha
Comment on land area
The group planned to plant sugar cane in an area of 75,000 hectares

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops (75000 ha)
Comment on intention of investment
Production of sugarcane and transformation of the sugar cane into ethanol.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2014] Intended (Expression of interest)
  • [current] Failed (Negotiations failed)
Comment on negotiation status
The Angolan government allocated USD 652 million for the Project. The mill will cost USD 82 million. Expression of interest never went further.

Contract farming

Contract farming
No