Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4432

Deal #4432 Version #67605

Congo, Dem. Rep.

Created at

2014-08-14

Last update

2017-03-01

Last full update

2022-12-23

Land area

Intended size

80 000 ha

Size under contract (leased or purchased area)

[2014, current] 80000.0 ha

Size in operation (production)

[2014, current] 1200.0 ha

Comment on land area

10000 hectares to be planted by January 2015. 1000ha of vegetables will be grown in 2015. The first phase of the Agricultural Business Park is focused on basic crop production.

Intention of investment

[current] Food crops, Livestock

Nature of the deal

Lease

Negotiation status

[2014, current] Concluded (Contract signed)

Comment on negotiation status

February 2014. The government has spent $83 million setting up Bukanga Lonzo, where South African firm Mozfood & Energy carried out feasibility studies and a South African consortium called Africom has been handed the management contract

Implementation status

[2014, current] In operation (production)

Contract farming

Yes

On leased / purchased

Yes

Comment on contract farming

Local farmers are involved in the project and receive coupons for their input materials. It is not clear how many farmers will be involved or the size they will plant.