Deal #4524

South Africa
Created at
2014-10-28
Last update
2020-07-16
Last full update
2020-07-16

Land area

Intended size
2 200 ha
Comment on land area
Aimed for 2200 ha of irrigated land.

Intention of investment

Intention of investment
  • [current] Food crops
Comment on intention of investment
alfalfa and different varieties of grass for the forage and dairy industry.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • 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).

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes