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Deal #5059 Version #70862

Mali

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Created at

2016-05-25

Last update

2016-07-26

Land area

Intended size

1 000 ha

Size under contract (leased or purchased area)

[1998, current] 1000.0 ha

Size in operation (production)

[2000, current] 200.0 ha

Comment on land area

"The first two years of rice cultivation were disappointing".

Intention of investment

[current] Food crops

Comment on intention of investment

Experimental farm. The experiment failed, and the company rented out the land to small holders keeping only 10ha as a demonstration plot. Rent was charged at 60 000 Mali Francs per hectares per six month season.

Nature of the deal

Lease

Negotiation status

[1998, current] Concluded (Contract signed)

Implementation status