Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4384

Deal #4384 Version #67309

Malawi
Created at
2014-06-05
Last update
2018-02-28
Last full update
2022-09-28

Land area

Intended size
3 434 ha
Size under contract (leased or purchased area)
  • [current] 434.0 ha
Comment on land area
Matumba Farm (5 nursery sheds for mango, 16 nursery sheds for banana, and fully planted out with: 48 ha of banana and 20 ha of mangoes; and, 40ha set-aside for biodiversity purpose) and Dzuwa (300 ha, planting planned 156 ha of banana and 36 ha of mangoes, with 90 ha set-aside for biodiversity purpose – planting to commence at the beginning of June 2014). The processing plant is situated on 8 hectares of land. The acquisition of the 3000 hectares Nyu Nyu farm is currently under discussion with the Government.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2013, current] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 5000
Comment on contract farming
Located within a 30kilometer radius of the processing facility