Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5223

Deal #5223 Version #71535

Congo, Dem. Rep.

Created at

2016-09-28

Last update

2021-08-16

Last full update

2022-09-19

Land area

Intended size

291 665 ha

Size under contract (leased or purchased area)

[2012, current] 291665.0 ha

Intention of investment

[current] Forest logging / management for wood and fiber

Nature of the deal

Concession

Negotiation status

[2011, current] Concluded (Contract signed)
[2012] Concluded (Change of ownership)
[2017] Concluded (Change of ownership)
[2017] Concluded (Contract signed)

Comment on negotiation status

Contract number: 026/11, with an amendment on 13/12/2011. Contract expires 23/10/2036 . Contract is renewable. Original contract signed by Danzer in 2011, Danzer sold the subsidiary in 2012 to Blattner Group who sold it to Booming Green in 2017.

Implementation status

[2018, current] In operation (production)

Comment on implementation status

Management plan validated

Leasing fees

Comment on leasing fee

Contract states: "SIFORCO must pay the fee of forest area and other taxes and charges in force related to the operation of the concession, within the time prescribed by the tax legislation".