Deal #5137

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

Land area

Intended size
14 064 ha
Size under contract (leased or purchased area)
  • [2007, current] 14064.0 ha
Comment on land area
Potential for sugar cane is 6,000ha

Intention of investment

Intention of investment
  • [2007, current] Biomass for biofuels, Food crops (14064.0 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
First established in 1949

Implementation status

Implementation status
  • [current] In operation (production)

Contract farming

Contract farming
Yes
Comment on contract farming
farms are spread throughout an area of about from 10 to 60 km around the main mill and these distances, in an area of poor infrastructure. Although their main activity is sugarcane production, these farmers tend livestock and grow other crops such as rice and maize as sources of revenue.