Deal #4614

Location #1

Spatial accuracy level
Administrative region
Location
Upper Takutu-Upper Essequibo, Guyana

Target country
Guyana

Land area

Intended size (in ha)
12140
Size under contract (leased or purchased area, in ha)
[2013] 4046
Size in operation (production, in ha)
[2013] 48
Comment on land area
The investor, Kyffin Simpson, has access to 12140 hectares of land in Santa Fe, Rupunini district, region 9. In 2013, 4046 hectares were being prepared for cultivation (cultivation of rice on 48 hectares had started) while another 8093 can be cultivated as production increases. There may be an option to triple the area.

Intention of investment

Intention of investment
Food crops, Livestock

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
No information on the exact type of contract nor the time line.

Negotiation status

Negotiation status
[2010] Intended (Under negotiation)
[2013] Concluded (Contract signed)
Comment on negotiation status
Negotiations started in 2010 but there is no information on the concrete legal status.

Implementation status

Implementation status
[2013] In operation (production)

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
[2014] 60

Number of jobs for foreigners created

Jobs created (foreign)
Yes
Current number of employees (foreign)
[2014] 3

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of employees (domestic)
[2014] 57

Operating company

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2014-11-17
Comment on data source
Information on location, area and employees

Data source #2

Data source type
Media report
File
Date
2014-11-17
Comment on data source
Information on crops and cattle

Data source #3

Data source type
Media report
File
Date
2013-03-31
Comment on data source
Investor information

Data source #4

Data source type
Media report
File
Date
2015-02-28
Comment on data source
Information on size of area

Data source #5

Data source type
Media report
File
Date
2013-03-19
Comment on data source
Information on the start of negotiations.

Data source #6

Data source type
Media report
File

How did the community react?

Comment on community reaction
Media reports are positive; a rice mill has been set up as well as a an irrigation, drainage and pumping system. Locals are being employed on the farm and the produce is also sold on the local (region 9) market.

Promised benefits for local communities

Promised benefits for local communities
Productive infrastructure (e.g. irrigation, tractors, machinery...)

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Rice, Soya Beans
Livestock area
Cattle, Pork, Sheep

Use of produce

Has domestic use
Yes
Has export
Yes
Country 1
Brazil

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
A rice mill has been set up by the investor.

Water extraction envisaged

Comment on water extraction envisaged
A pumping system has been installed.

March 22, 2016, 1:06 a.m.

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March 12, 2015, 2:51 p.m.

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March 11, 2015, 5:03 p.m.

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