Deal #5059
Mali
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
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
Nature of the deal
Lease
Negotiation status
Negotiation status
- [1998, current] Concluded (Contract signed)
Implementation status
Implementation status
- [1998, current] In operation (production)
Contract farming
Contract farming
No