Deal #5132
Mauritania
Created at
2016-07-26
Last update
2016-07-26
Land area
Intended size
638 ha
Size under contract (leased or purchased area)
- [1999, current] 638.0 ha
Intention of investment
Intention of investment
- [current] Food crops
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [1999, current] Concluded (Contract signed)
Implementation status
Implementation status
- In operation (production)
- [current] Project abandoned
Comment on implementation status
The government increased the annual rent on the farm and raised the imported petrol price. The government also imposed new rice controls on rice. The investor lost significant money due to these factors. They gave up the lease.
Contract farming
Contract farming
No