Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5243

Deal #5243 Version #71744

Congo, Dem. Rep.

Created at

2016-09-30

Last update

2021-08-16

Last full update

2022-09-18

Land area

Intended size

252 034 ha

Size under contract (leased or purchased area)

[2014, current] 252034.0 ha

Comment on land area

Usable surface area is 133,213ha.

Intention of investment

[2014, current] Forest logging / management for wood and fiber (252034.0 ha)

Nature of the deal

Concession

Negotiation status

[2014] Concluded (Contract signed)
[2017] Concluded (Change of ownership)
[2017, current] Concluded (Contract signed)

Comment on negotiation status

Assigned to Siforco by Order No. 019/14. Ceased to Booming Group in 2017.

Implementation status

[2018, current] Startup phase (no production)

Comment on implementation status

Management plan submitted, if not approved by 2019, the contract will become null and void. If is not clear whether the plan was approved.

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."