Deal #5492

Location #1

Spatial accuracy level
Administrative region
Location
Diffa, Niger

Target country
Niger

Land area

Intended size (in ha)
120000

Intention of investment

Intention of investment
Agriculture unspecified
Comment on intention of investment
The first phase, which will last some ten years, will concern the development and agricultural 50 000 hectares, and the creation of a dozen agro-industrial units downstream of production. The second phase, which will start from the 11th year of operation, will involve the development of 70,000 hectares and the creation of new agro-industrial units in addition to existing ones.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2016] Intended (Under negotiation)
Comment on negotiation status
"This Saudi project has received the consent of the Regional Council of Diffa"

Contract #1

Duration of the agreement (in years)
99

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
13000
Planned daily/seasonal workers (total)
5000
Comment on jobs created (total)
creation of more than 13,000 permanent jobs and 5,000 seasonal jobs

Operating company

Operating company

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Media report
File
Date
2017-01-13
Comment on data source
Niger-Arabie Saoudite : des pétrodollars contre des terres arables ?

Data source #2

Data source type
Media report
File
Date
2016-08-22
Comment on data source
Niger : une société saoudienne en passe d’acquérir 120 000 hectares de terres agricoles

Data source #3

Data source type
Media report
File
Date
2017-02-14
Comment on data source
Ibrahim Diori s’exprime sur le projet d’achat de 120 000 hectares de terres par la société saoudienne Al Horaish à Diffa

Promised or received compensation

Promised compensation (e.g. for damages or resettlements)
The Diffa region will also benefit from a royalty of about 500 million to 1 billion CFA francs per year, as well as a 15% dividend.

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Other
Comment on promised benefits for local communities
Construction of 15,000 homes for the benefit of workers and their families, the creation of schools and health centers open to the surrounding population, and the installation of drinking water and solar lighting at the level of several villages in the area concerned by the project.

Water extraction envisaged

Water extraction envisaged
Yes

Overall comment

Overall comment
The implementation of the project should mobilize investments of more than 1000 billion FCFA.

May 2, 2017, 2:22 p.m.

active

This version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.