Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4717

Deal #4717 Version #69077

Tanzania
Created at
2015-06-17
Last update
2016-10-28

Land area

Intended size
40 000 ha
Size under contract (leased or purchased area)
  • 9500.0 ha
  • [current] 10000.0 ha
Size in operation (production)
  • [2008, current] 1340.0 ha
Comment on land area
9500ha in Pangani, 3000 ha intented in Handeni, hectares requested in Mkinga unknown- however it appears as if the negotiations failed. 9500 hectares under contract for Pangani, whereas 500 hectares for Handeni. Out of the 9500ha at Pangani- 6,000 ha is plantable, with 2,500 ha set aside for conservation and 1,000 ha for research and other uses.

Intention of investment

Intention of investment
  • [current] Timber plantation for wood and fiber, For carbon sequestration/REDD

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)
Comment on negotiation status
Pangani and Handeni, whereas negotiation for Mkinga failed.

Implementation status

Implementation status
  • In operation (production)
  • [2012, current] Project abandoned
Comment on implementation status
Pangani failed in 2012, status of Handeni unknown, likely it has also failed and land is being handed back to the community.

Contract farming

Contract farming
No