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Deal #6768

Location #1

Spatial accuracy level
Approximate location
Location
Bunawan, Agusan del Sur, Philippines

Target country
Philippines

Land area

Intended size (in ha)
83.85
Size under contract (leased or purchased area, in ha)
[current] 84
Size in operation (production, in ha)
[current] 84

Intention of investment

Intention of the investment
[current] Forestry unspecified (84 ha)

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
In AVA with individual ARBs.

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)
[current] 84

Contract #1

Contract date
2006
Contract expiration date
2031
Duration of the agreement (in years)
25
Comment on contract
Most contracts are from 2006-2031 while others vary but all of the contracts are 25-year term contracts.

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
41
Current number of jobs (total)
[current] 41

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 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 it is AVA, the individual ARBs remain owners of the land.

Former land use

Former land use
Smallholder agriculture

Detailed crop, animal and mineral information

Crops area
[current] Oil Palm (84 ha)

March 17, 2019, 6:03 p.m.

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Feb. 7, 2019, 1:15 p.m.

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