Deal #5644

Location #1

Spatial accuracy level
Administrative region
Location
Akou, Republic of the Congo

Target country
Congo, Rep.

Land area

Intended size (in ha)
19000.0
Size under contract (leased or purchased area, in ha)
[2017] 19000

Intention of investment

Intention of investment
Biofuels, Food crops, Renewable Energy
Comment on intention of investment
sugarcane and groundnut production.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2017] Concluded (Contract signed)

Implementation status

Implementation status
[2017] Startup phase (no production)

Purchase price

Purchase price
40000000000
Purchase price currency
CFA Franc BEAC
Purchase price area type
for specified area
Comment on purchase price
Informal source (media report)

Contract #1

Contract date
2017-09-14
Duration of the agreement (in years)
50

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
4000
Comment on jobs created (domestic)
4000 direct jobs promised

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2017-09-15
Includes in-country-verified information
Yes

Data source #2

Data source type
Other (Please specify in comment field)
File
Comment on data source
company information

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Community

Former land use

Former land use
Smallholder agriculture
Forestry

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Sugar Cane

April 30, 2020, 4:06 p.m.

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March 6, 2019, 2:06 p.m.

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Sept. 26, 2017, 5:14 p.m.

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Sept. 15, 2017, 6:22 p.m.

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