Deal #6740

Philippines
Created at
2019-02-04
Last update
2021-09-21
Last full update
2021-09-21

Land area

Intended size
8 841.99 ha
Size under contract (leased or purchased area)
  • [current] 8842.0 ha
Size in operation (production)
  • [current] 15000.0 ha
  • 8842.0 ha
Comment on land area
This entry combined Agribusiness Venture Agreements of the investor/ company has with private smallholders across Davao del Norte (461.44 ha), South Cotabato (8,278.67 ha), North Cotabato (63 ha), and Bukidnon (38.88 ha). The company operates on about 15,000 hectares as its base plantation. About 8,000 hectares of which is being leased by the company from the Dolefil Agrarian Reform Beneficiaries Cooperative (DARBC), and about 5,000 hectares is also being leased from 1,600 individual landowners.

Intention of investment

Intention of investment
  • [current] Food crops (8842.0 ha)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Agribusiness Venture Arrangement with AMS Employees Fresh Fruit ProducersCooperative (AMSEFFPCO), Stanfilco Employees ARB MPC (SEARBEMCO), ARBs Individual Self-Managed MPC (ARBISM-A), DOLE ARBs Cooperative, Carabao Farmers Cooperative, and individual ARBs.

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)