Deal #4979

Location #1

Spatial accuracy level
Exact location
Location
Mombongo, Democratic Republic of the Congo

Latitude
1.3975334650109035
Longitude
23.30809392187507
Target country
Congo, Dem. Rep.
Contract area
Comment on location
Bolinga, Democratic Republic of the Congo according to wording in contract, map at end of contract provides exact location of the concession. Description of contract area in contract, page 2

Land area

Intended size (in ha)
262760
Size under contract (leased or purchased area, in ha)
[2014] 262760
Comment on land area
According to the State Agency for Forest Management 173,241 hectares of this area is considered exploitable.

Intention of investment

Intention of the investment
Forest logging / management (for wood and fibre)

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
Forest Concession. Contract is renewable.

Negotiation status

Negotiation status
[2014] Concluded (Contract signed)

Implementation status

Comment on implementation status
Not clear

Leasing fees

Comment on leasing fees
Forabola must pay the fee of forest area related to the operation of the concession. The rate of royalty payable area remains the one set by Article 1 of the ministerial decree No. 10 of 17 March 2004

Contract farming

Contract farming
No

Contract #1

Contract number
064/14
Contract date
2014-07-10
Duration of the agreement (in years)
25

Operating company

Operating company
Comment on investment chain
Société Forestière et Agr ico le de la M’Bola (Forabola)

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Contract
File
Date
2014-07-10
Open Contracting ID
ocds-591adf-7428921591
Comment on data source
Contract, Description of contract area in contract, page 2

Data source #2

Data source type
Research Paper / Policy Report
File
Comment on data source
Overview of Industrial Forest Concessions and Concession-based Industry in Central and West Africa and Considerations of Alternatives. Alain Karsenty April 2007. CIRAD

Data source #3

Data source type
Media report
File
Comment on data source
Bloomberg Business- Nordsudtimber

Data source #4

Data source type
Company sources
File
Date
2007-04-27
Comment on data source
Company response to Greenpeace- CARVING UP THE CONGO report (see below)

Data source #5

Data source type
Research Paper / Policy Report
File
Date
2007-01-01
Comment on data source
What does the future hold for the forests in the Democratic Republic of Congo? Innovative tools and mechanisms for sustainable forest management. Reflection and discussion paper -2007/01

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2007-04-01
Comment on data source
Greenpeace- CARVING UP THE CONGO

Data source #7

Data source type
Research Paper / Policy Report
File
Comment on data source
Greenpeace- FOREST REFORM IN THE DEMOCRATIC REPUBLIC OF CONGO: LEAVING PEOPLE OUT, July 2010.

Data source #8

Data source type
Research Paper / Policy Report
File
Comment on data source
Overview of Industrial Forest Concessions and Concession-based Industry in Central and West Africa and Considerations of Alternatives, Alain Karsenty April 2007

Data source #9

Data source type
Research Paper / Policy Report
File
Publication title
TOTAL SYSTEMS FAILURE Exposing the secret networks destroying forests in the Democratic Republic of Congo
Date
2018-06-26

Consultation of local community

Comment on consultation of local community
Community conculation is mandatory according to the contract. There is no information on whether this has been/will be completed.

Former land use

Former land use
Conservation

Former land cover

Comment on former land cover
the forest areas for which they have concessions are said to be protected swamp areas with rare animals.

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

Use of produce

Has export
Yes

Overall comment

Overall comment
According to Greenpeace the primary and other local affiliates of the secondary are involved in local money laundering and diamond trade. Furthermore, the forest areas for which they have concessions are said to be protected swamp areas with rare animals. Forabola has another forestry concession in DRC (#5018).

March 19, 2019, 1:28 p.m.

overwritten

This version

Compare with previous version

Feb. 21, 2019, 1:20 p.m.

overwritten

Show this version

Compare with previous version

Jan. 24, 2019, 10:02 a.m.

overwritten

Show this version

Compare with previous version

Nov. 27, 2018, 12:40 p.m.

overwritten

Show this version

Compare with previous version

March 2, 2017, 11:44 a.m.

overwritten

Show this version

Compare with previous version

April 18, 2016, 5:06 p.m.

overwritten

Show this version

Compare with previous version

April 14, 2016, 2:45 p.m.

overwritten

Show this version

Compare with previous version

Feb. 23, 2016, 5:17 p.m.

active

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.