Deal #5136

Madagascar
Created at
2016-08-02
Last update
2020-07-17
Last full update
2020-07-17

Land area

Intended size
8 900 ha
Size under contract (leased or purchased area)
  • [2007, current] 8900.0 ha

Intention of investment

Intention of investment
  • [2007, current] Biomass for biofuels, Food crops (8900.0 ha)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Lease management contract

Negotiation status

Negotiation status
  • [2007, current] Concluded (Contract signed)
Comment on negotiation status
Sugar has a long been grown in Namakia, but the refinery closed in 2005. Activities were restarted in 2007 when COMPLANT entered into a management contract of the refinery.

Implementation status

Implementation status
  • [2010, current] In operation (production)
Comment on implementation status
First established in the 1935, the refinery closed in 2005. In 2010 the new management company re-opened the plat again

Contract farming

Contract farming
No