Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4619
Deal #4619 Version #68707
Mauritania
Created at
2015-03-12
Last update
2020-12-08
Last full update
2020-12-08
Land area
Intended size
3 200 ha
Size under contract (leased or purchased area)
- [2015, current] 3200.0 ha
Intention of investment
Intention of investment
- [current] Food crops
Comment on intention of investment
• Reclamation, rehabilitation and development of arable lands for agricultural production.
• Leasing heavy machinery and various agricultural machinery and equipment.
• Agricultural crop production.
• Supply of agricultural inputs (fertilizers, Pesticides and Seeds).
• Provide harvesting services.
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
Leased by the Mauritanian government
Negotiation status
Negotiation status
- [2013, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2015] Project not started
- [2020, current] Startup phase (no production)
Comment on implementation status
The investor is clearing the land with the assistance of the government in 2020.
Leasing fees
Comment on leasing fee
$ 1.6 million paid for the lease. Information from media report.
Contract farming
Contract farming
No