Deal #4615

Location #1

Spatial accuracy level
Administrative region
Location
East Berbice-Corentyne, Guyana

Target country
Guyana

Land area

Intended size (in ha)
157828
Size under contract (leased or purchased area, in ha)
[2012] 4046
Comment on land area
Bornion has access to 4046 hectares in the Canje Basin. The investor seems to have plans to increase the area significantly until the year 2020.

Intention of investment

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

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Media reports refer to the area as being leased to Bornion. However, there is no exact information on the legal status of the agreement.

Negotiation status

Negotiation status
[2012] Concluded (Contract signed)

Implementation status

Implementation status
[2012] Startup phase (no production)
Comment on implementation status
The project is at a test phase.

Operating company

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2014-03-14

Data source #2

Data source type
Government sources
File
Date
2014-11-29

Data source #3

Data source type
Media report
File
Date
2014-11-29

Data source #4

Data source type
Media report
File
Date
2014-12-31

Data source #5

Data source type
Media report
File

How did the community react?

Comment on community reaction
The opposition is said to criticize the lack of transparancy and lack of undertaking Environmental Impact Assessments in the process of opening up the Canje Basin for development.

Promised benefits for local communities

Comment on promised benefits for local communities
The investor seems to have plans to install plants for packaging and processing of rubber and food crops and a refinery for plam oil.

Detailed crop, animal and mineral information

Crops area
Accacia, Bean, Cassava (Maniok), Citrus Fruits (unspecified), Corn (Maize), Fruit (unspecified), Oil Palm, Rice, Rubber tree, Sugar Cane, Tomatoes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The investor has plans to set up plants for the processing and packaging of rubber and food crops and a refinery for palm oil.

Overall comment

Overall comment
Bornion Guyana Inc, a subsidiary of the Malaysian Wee Boon Ping Group, has access to 4046 hectares in the Canje Basin. The project is currently in a test phase. The investor seems to have plans to increase the area significantly.

March 22, 2016, 1:46 a.m.

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Oct. 20, 2015, 8:11 p.m.

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March 12, 2015, 3:18 p.m.

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March 11, 2015, 6:52 p.m.

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