Deal #6715

Location #1

Spatial accuracy level
Approximate location
Location
Kabankalan, Negros Occidental, Philippines

Target country
Philippines

Land area

Intended size (in ha)
376.6
Size under contract (leased or purchased area, in ha)
[2007, current] 377
Size in operation (production, in ha)
[2007, current] 377

Intention of investment

Intention of the investment
Agriculture unspecified (377 ha)

Nature of the deal

Nature of the deal
Pure contract farming
Comment on nature of the deal
Joint Venture Arrangement with Kasuko Workers Agricultural Cooperative Inc. (KWACI).

Negotiation status

Negotiation status
[2007-08-08] Concluded (Contract signed)

Implementation status

Implementation status
[2007] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
[2007] 377

Contract #1

Contract date
2007-08-08
Contract expiration date
2012-08-08
Duration of the agreement (in years)
5
Comment on contract
Contract expired effective 2012 and renewed for another 5 years. Such renewal, however, was not passed through the PARCCOM. 98.6 has is retained for APCP. However, there was a moved for entering another lease contract to existing A special General Assembly on October 28, 2015 was set to clarify and decide the issue. No data on the proceedings of the said General Assembly.

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
825
Current number of jobs (total)
825

Operating company

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Publication title
Multi-sectoral study on the Agribusiness Venture Arrangement (AVA) policy and implementation under the Comprehensive Agrarian Reform Program
Date
2016

Former land owner (not by constitution)

Former land owner
Private (smallholders)
Comment on former land owner
Since these lands are in AVA, Kasuko Workers Agricultural Cooperative Inc. (KWACI) remains the owners of the land

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
Sugar Cane (377 ha)

Detailed contract farming crop and animal information

Contract farming crops
Sugar Cane (372 ha)

March 17, 2019, 5:07 p.m.

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Jan. 30, 2019, 1:46 p.m.

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