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Deal #5394 Version #92167

Rwanda

Created at

2017-03-03

Last update

2024-03-15

Last full update

2024-03-18

Land area

Intended size

10 000 ha

Comment on land area

Rai Group initially wanted 10,000ha but the government guaranteed 8,000ha only.

Intention of investment

[current] Food crops (80000 ha)

Comment on intention of investment

Production of sugar

Nature of the deal

Comment on nature of the deal

It is not clear whether land will be leased or bought. One source states that the contact was delayed for several reasons, including the fact that Rai Group was not ready to buy land for the project upfront.

Negotiation status

[2017] Intended (Under negotiation)
[2018, current] Intended (Under negotiation)

Comment on negotiation status

Contract was intended to be signed by end of January 2017. By end of January 2018 contract has still not been signed. No news yet as of June 2023.