Deal #6835

Location #1

Spatial accuracy level
Approximate location
Location
Mandrare, Madagascar

Target country
Madagascar

Land area

Size under contract (leased or purchased area, in ha)
80
Size in operation (production, in ha)
80
Comment on land area
Pilot phase of 80ha. Given the land for 6-8 months for free. The company is starting a second trail phase covering 1000ha. Depending on the outcome of the second pilot- the company intends to expand to 40 000ha. This area would be attained through two farming models: leased farms and outgrowers.

Intention of investment

Intention of investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)
Comment on implementation status
Pilot phase of 80ha. Given the land for 6-8 months for free. The company is starting a second trail phase covering 1000ha. Depending on the outcome of the second pilot- the company intends to expand to 40 000ha.

Contract farming

Contract farming
No

Operating company

Comment on investment chain
Flora Ecopower AG later renamed to Acazis AG.

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Publication title
An Independent Report Considering Potential Social and Environmental Impacts of Castor Plantations for the Mandrare Valley, Southern Madagascar

Detailed crop, animal and mineral information

Crops area
Castor Oil Plant

March 14, 2019, 11:57 a.m.

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