Deal #5223

Congo, Dem. Rep.
Created at
2016-09-28
Last update
2022-09-19
Last full update
2022-09-19

Land area

Intended size
291 665 ha
Size under contract (leased or purchased area)
  • [2012, current] 291665 ha

Intention of investment

Intention of investment
  • [current] Forest logging / management for wood and fiber

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
Concessions Forestières n°26/11

Negotiation status

Negotiation status
  • [2011-10-24] Concluded (Contract signed)
  • [2012] Concluded (Change of ownership)
  • [2017] Concluded (Change of ownership)
  • [2017, current] 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

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".

Contract farming

Contract farming
No