Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4934
Deal #4934 Version #70149
Sierra Leone
Created at
2016-01-14
Last update
2019-08-29
Last full update
2021-07-26
Land area
Intended size
50 740 ha
Size under contract (leased or purchased area)
- [2015, current] 41218.0 ha
Comment on land area
Aim to have a company plantation and contract farming.
Intention of investment
Intention of investment
- [current] Agriculture unspecified
Comment on intention of investment
Organic palm oil. Planned oil palm plantation intended for RSPO certification
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
Natural Habitats has acquired a land lease concession for 99 years (the land lease is 50
years with an option to extend for 21 years + 21 years + 7 years)
Negotiation status
Negotiation status
- [2015] Intended (Under negotiation)
- [2015, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2016, current] Project not started
Comment on implementation status
HCV assessment and social assessment carried out in November and December 2015.
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 115.0 ha
Comment on contract farming
The company collects palm fruit from the villagers and transport it to the mill where it is processed and exported. 115ha will be planted as an outgrowers’ scheme outside the project area from the Gendema nursery, which is located in the adjoining Sorogbema Chiefdom.