Deal #4524 Version 68147 Version 68148
Intended size
4 046 ha
2 200 ha
Size under contract (leased or purchased area)
  • [2012, current] 4046.0 ha
Comment on land area
Aimed for 2200 ha of irrigated land.
Comment on intention of investment
alfalfa and different varieties of grass for the forage and dairy industry.
alfalfa and different varieties of grass for the forage and dairy industry.
Negotiation status
  • [2012, current] Concluded (Contract signed)
  • Intended (Memorandum of understanding)
  • [current] Failed (Negotiations failed)
Comment on negotiation status
MOU was signed however investor decided to pull out of investment due to the hostile investment climate in the country. Now the company is purely involved in contract farming and exporting (lucerne).
Implementation status
  • [2012, current] Project not started
Comment on use of produce
50,000 MT of alfalfa in the year 2014, for the forage and dairy industry. Target markets in Asia, Africa and the Middle East.
50,000 MT of alfalfa in the year 2014, for the forage and dairy industry. Target markets in Asia, Africa and the Middle East.
Comment on in country processing of produce
forage factory
forage factory
Use of irrigation infrastructure
Yes
Fully updated
No
Yes

Location #MSx-j09V

Comment
The project is located in an area that is well-known for being very fertile with high yield returns, well irrigated with a highly favorable climate.
The project is located in an area that is well-known for being very fertile with high yield returns, well irrigated with a highly favorable climate.

Data source #HpnpmtDs

Type
Personal information
Keep PDF not public
No
Date
2020-07-16
Name
Angela Harding
Organisation
RFP Africa
Email
africa@landmatrix.org
Comment on data source
Phoned and spoke to the company (local offices in South Africa). Their intention was to bring 2200ha under irrigation and they signed the MOU. However, in the end the company decided that the investment was risky (R1 billion) and decided to pull out.