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Deal #493

Location #1

Location
Bohol, Visayas

Target country
Philippines
Comment on location
Bohol, Visayas

Land area

Intended size (in ha)
100000
Comment on land area
coastal land. ...a Korean company called Biosystems, Co. Ltd., has entered into a joint venture agreement with the Provincial Government of Bohol to develop more than 100,000 hectares of municipal waters for seaweed production for biofuel." page 1 (http://www.landcoalition.org/sites/default/files/publication/1019/NFR_fisheries_web_11.03.11.pdf) andreia: "...a Korean company called Biosystems, Co. Ltd., has entered into a joint venture agreement with the Provincial Government of Bohol to develop more than 100,000 hectares of municipal waters for seaweed production for biofuel." page 1 (http://www.landcoalition.org/sites/default/files/publication/1019/NFR_fisheries_web_11.03.11.pdf)

Intention of investment

Intention of the investment
Biofuels
Comment on intention of investment
seaweed were also cultivated by former smallholders farmers but for food purpose, new investors produce it for biofuel purpose

Nature of the deal

Nature of the deal
Lease

Operating company

Comment on investment chain
public Domestic partners: joint venture with Provincial Government of Bohol

 

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Data source #1

Data source type
Research Paper / Policy Report
Date
2011-01-01
Comment on data source
"Highly extractive fishing activities and privatization of foreshore lands: Impact on the everyday lives of municipal fisherfolks" by Dennis F. Calvan and Jay Martin S. Ablola

Displacement of people

Number of people actually displaced
400

Former land owner (not by constitution)

Former land owner
Private (smallholders)

Former land use

Former land use
Smallholder agriculture
Other

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Aquaculture (unspecified crops)

Use of produce

Has export
Yes

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: Added information in column E to corsscheck data and specific weblink in colimn AI. Import of other remarks regarding the investment: "Artisanal fisherfolks are vulnerable (…) because they typically suffer from informal or weak tenure rights over the coastal resources they depend on" and of overlapping responsibilities

July 7, 2015, 6:24 p.m.

overwritten

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Sept. 17, 2013, 8:57 p.m.

overwritten

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March 8, 2013, 7:53 p.m.

overwritten

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Feb. 15, 2013, 5 p.m.

active

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