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Deal #4554 Version #68292

Angola

Created at

2014-11-19

Last update

2015-09-11

Land area

Intended size

50 000 ha

Size under contract (leased or purchased area)

[current] 20000.0 ha

Comment on land area

comprising of 2 farms- 10 000 hectares each

Intention of investment

[current] Food crops, Agriculture unspecified

Comment on intention of investment

The farm in Malanje is the most modern and advanced farm in the country, and equipped with all farming machines. The farm yielded over 10,000 tons of grains and beans in the last harvest season.

Nature of the deal

Lease

Negotiation status

[current] Concluded (Contract signed)

Comment on negotiation status

The company is negotiating with the Angolan government to open another 30,000-hectare farm.

Implementation status