Deal #6725

Location #1

Spatial accuracy level
Approximate location
Location
Agusan del Sur, Philippines

Target country
Philippines

Land area

Intended size (in ha)
1977.1
Size under contract (leased or purchased area, in ha)
[2005, current] 1977
Size in operation (production, in ha)
[2005, current] 1977

Intention of investment

Intention of the investment
[2005, current] Forestry unspecified (1977 ha)

Nature of the deal

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

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2005, current] 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)
[2005, current] 1977

Contract #1

Contract date
1998-01-01
Contract expiration date
2032-12-31
Duration of the agreement (in years)
35
Comment on contract
The investor has 35-year contract with Agusan Plantation Inc.-Agrarian Reform Beneficiaries Multi-purpose Cooperative (API-ARBMPC). Aside from this, it has 25-year contracts with 10 individual ARBs and Cuevas Agrarian Reform Beneficiaries Multi-purpose Cooperative (CARBEMCO). The investor also has 16-year contracts with an individual ARB (1996-2021) and Cebolin Multi-purpose Cooperative (CEMPCO) (2003-2019). Note,however, that there is the chance for it to be extended up to 25 years since land lease agreements are usually 25 years in terms of length. These contracts are upon renewal for another 25 years upon expiration.

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
764
Current number of jobs (total)
[current] 764

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)

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
[current] Oil Palm (1977 ha)

Overall comment

Overall comment
This entry combined AVAs of the investor/ company has with private smallholders across Agusan del Sur.

March 17, 2019, 5:46 p.m.

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Feb. 1, 2019, 10:03 a.m.

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