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