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Deal #6695

Location #1

Spatial accuracy level
Approximate location
Location
Nueva Vizcaya, Philippines

Target country
Philippines

Land area

Intended size (in ha)
272

Intention of investment

Intention of the investment
Forestry unspecified (272 ha)
Comment on intention of investment
Jatropa, Gmelina, Fruits, and forest trees

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Awarded by DENR through ISF

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
Yes
On leased / purchased area
Yes
On leased / purchased area (in ha)
272

Contract #1

Contract date
2003-07-03
Contract expiration date
2028-07-03
Duration of the agreement (in years)
25
Comment on contract
Upon renewal for another 25 years.

Number of total jobs created

Jobs created (total)
Yes
Current number of jobs (total)
80

Operating company

 

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Data source #1

Data source type
Government sources
Publication title
Inventory of On-going Agribusiness Venture Arrangements (AVAs)
Date
2016-05

Overall comment

Overall comment
1. Difficulty of reaching the area. Hiking through trails is the only means of going to the area. Proposed Interventions needed: > Construction of Farm to Market Road - 5 km. > Working Capital for the maintenance of the plantation areas of coconut (100 plants, mango (200 ), canarem (100 plus), narra, g-melina & mahogany. 2. Occurrence of forest fire during dry spell in summer. Cannot prevent the widespread burning of the plants and trees because of no available water. > Construction of small water impounding dam. > Provision of water hose for use in siphoning water for forest fires occurrence. > Provision of grass cutters. > Provision of mechanical sprayers. > Forward truck or Dump truck for transporting materials ,goods needed in the area and bringing out of the area agricultural produce.

March 17, 2019, 4:47 p.m.

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Jan. 29, 2019, 1:49 a.m.

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Jan. 24, 2019, 8:38 a.m.

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Jan. 24, 2019, 6:40 a.m.

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