Deal #6717

Location #1

Spatial accuracy level
Approximate location
Location
Agusan Del Norte, Philippines

Target country
Philippines

Location #2

Spatial accuracy level
Approximate location
Location
Bukidnon, Philippines

Target country
Philippines

Land area

Intended size (in ha)
11396.71
Size under contract (leased or purchased area, in ha)
[current] 11397
Size in operation (production, in ha)
[current] 11397
Comment on land area
Bukidnon (11,292.29 ha) and Agusan del Norte (104.42 ha).

Intention of investment

Intention of investment
[current] Food crops (11397 ha)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Agribusiness Venture Arrangement with ARBOs/POs/ARBs.

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[current] In operation (production)

Contract farming

Contract farming
Yes
On leased / purchased area
Yes
On leased / purchased area (in ha)
[current] 11397

Contract #1

Contract date
2002
Contract expiration date
2027
Duration of the agreement (in years)
25
Comment on contract
In Bukidnon, contract duration is the same for the 13 individual ARBs and CARABAO Farmers Cooperative (2002-2027) while for DMPI Employees Agrarian Reform Benefeciaries Cooperative Inc. (DEARBCI) the contract duration is from 2014-2019 to 2039-2044.

Contract #2

Contract date
2005
Contract expiration date
2035
Duration of the agreement (in years)
30
Comment on contract
In Agusan del Norte, the investor has a 30-year contract with Soriano Farm Workers Cooperative from 2005 to 2035 while it has a 25-year contract with Maong Integrated Farmers Beneficiary Association (MIFA) from 2013-2018.

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
12368
Current number of jobs (total)
[current] 12368

Operating company

 

Data source #1

Data source type
Research Paper / Policy Report
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, the following ARBOs/POs/ARBs remain the owners of the land.

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
Pineapple (11267 ha)
Banana (129 ha)

Overall comment

Overall comment
This entry combined AVAs of the investor/company has with private smallholders across Bukidnon, Davao del Norte, and Agusan del Norte areas.

March 31, 2019, 5:37 p.m.

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