Deal #4579

Location

Location #1

Spatial accuracy level
Administrative region
Location
Bertoua, Cameroon

Target country
Cameroon
General info

Land area

Intended size (in ha)
54632.0
Size under contract (leased or purchased area, in ha)
[2013] 54632
Comment on land area
One source states "plantations of sugar cane on 15 000 hectares, on a total surface of 155 000 hectares"

Intention of investment

Intention of investment
Biofuels, Food crops, Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2012] Intended (Under negotiation)
[2013] Concluded (Contract signed)
[2015] Failed (Contract cancelled)
Comment on negotiation status
Memorandum of Understanding concluded on April 13, 2012. Land was revoked in 2015. Moroccan company Cosumar was offered the land. Cosumar hesitated to start due to claim against state by Justin Sugar Mills for 13 billion FCfa in damages/ compensation.

Implementation status

Implementation status
[2014] Startup phase (no production)

Contract farming

Contract farming
No
Employment

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
10000
Investor info

Operating company

Operating company
Justin Sugar Mills (#38619)
Name of investment project
Batouri agro-industrial sugar project

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.
Data sources

Data source #1

Data source type
Media report
URL
http://www.justin-sugar.com/products
File
Comment on data source
Company website

Data source #2

Data source type
Media report
URL
http://www.endole.co.uk/company/08774643/justin-sugar-ltd
File
Comment on data source
Endole- Justin Sugar Ltd

Data source #3

Data source type
Personal information
File
Date
2015-01-13
Includes in-country-verified information
Yes

Data source #4

Data source type
Media report
URL
http://www.investiraucameroun.com/agriculture/0601-7020-cameroun-l-etat-se-desengage-du-projet-sucrier-de-la-societe-justin-sugar-mills-a-batouri
File
Date
2016-01-06
Comment on data source
Cameroun : l’Etat se désengage du projet sucrier de la société Justin Sugar Mills à Batouri

Data source #5

Data source type
Media report
URL
http://www.investiraucameroun.com/agro-industrie/0410-9543-apres-l-echec-de-justin-sugar-mills-un-nouveau-projet-sucrier-est-en-gestation-dans-l-est-du-cameroun
File
Date
2017-10-04
Comment on data source
Après l’échec de Justin Sugar Mills, un nouveau projet sucrier est en gestation dans l’Est du Cameroun
Produce info

Detailed crop, animal and mineral information

Crops area
Sugar Cane

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
the project intends to start with a 5,000 TCD plant, 24 MW Green Power Co-gen Project in addition to a 50 KLPD Distillery for manufacturing industrial alcohol, rectified spirit, ethanol/biofuels with downstream products from industrial waste
Water

Water extraction envisaged

Water extraction envisaged
Yes

Source of water extraction

Source of water extraction
Surface water (River)
Comment on source of water extraction
Kadey, Koubou and Moum river
History (3 versions)

Aug. 13, 2020, 11:32 a.m.

overwritten

This version

Compare with previous version

Jan. 22, 2018, 2:52 p.m.

overwritten

Show this version

Compare with previous version

Jan. 14, 2015, 2:52 p.m.

active

Show this version

First version

Comments (0 comments)

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.