Deal #4995

Congo, Dem. Rep.
Created at
2016-03-07
Last update
2022-06-24
Last full update
2022-06-24

Land area

Intended size
229 476 ha
Size under contract (leased or purchased area)
  • [2011-08-04, current] 229476 ha
Comment on land area
Size on RDC Moabi is 198,378

Intention of investment

Intention of investment
  • [2011-08-04, current] Forest logging / management for wood and fiber (229476 ha)

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
forest concession

Negotiation status

Negotiation status
  • [2003] Concluded (Contract signed)
  • [2011-08-04] Concluded (Change of ownership)
  • [2011-08-04, current] Concluded (Contract signed)
Comment on negotiation status
former concession: the “title had been held since 2003 by Société d’Exploitation Forestière et Construction SPRL (Soexforco).

Implementation status

Implementation status
  • [2018] Startup phase (no production)
  • [2019-01-31, current] Project abandoned
Comment on implementation status
Management plan submitted, management plan was not duly approved by 1 January 2019 and therefore the concession is null and void.

Leasing fees

Comment on leasing fee
Contract states: leasing fee payable for the area for the duration of this contract is that set by Article 1 of the ministerial decree No. 10 of 17 March 2004.

Contract farming

Contract farming
No