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