Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4554

Deal #4554 Version #68293

Angola

Created at

2014-11-19

Last update

2016-01-05

Land area

Intended size

50 000 ha

Size under contract (leased or purchased area)

[current] 20000.0 ha

Size in operation (production)

[2015, current] 4000.0 ha

Comment on land area

comprising of 2 farms- 10 000 hectares each. 3,000 hectares of corn and 1,000 hectares of beans planted in 2015.

Intention of investment

[current] Food crops, Livestock, 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 20,000 tons of grains and beans in the last two harvest seasons.

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