Deal #6924

Location #1

Spatial accuracy level
Approximate location
Location
Vinchina, La Rioja, Argentina

Target country
Argentina
Comment on location
the deal is located in Valle Hermoso, Department of Vinchina, province of La Rioja. near the Pircas Negras border crossing, which divides Argentina from Chile

Land area

Size under contract (leased or purchased area, in ha)
200000
Comment on land area
The area in question occupies an area of ​​approximately 200 thousand hectares. In addition to having fresh water and being potentially rich for agriculture, tourism and mining, Valle Hermoso is close to the border crossing of Pircas Negras, which only has 50 kilometers of work to be fully asphalted (data from 2010).

Intention of investment

Intention of investment
[2008] Land speculation (200000 ha)

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)
[2010] Failed (Contract cancelled)

Implementation status

Implementation status
[2010] Project abandoned
Comment on implementation status
The government of the province of La Rioja, unauthorized (June 2010) the sale of the land, due to the conflict.

Purchase price

Purchase price
2600000
Purchase price currency
US Dollar ($)
Purchase price area type
for specified area
Purchase price area
200000

Operating company

Operating company
Comment on investment chain
The American rabbi tried to buy more than 200,000 hectares that included a town, and accused the state official (Secretary of Lands of the Province of La Rioja) Ariel Puy Soria, of bribery for the acquisition of the land.

 

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Data source #1

Data source type
Media report
Publication title
Vendo lote con pueblo incluido
Date
2010-07-27

Data source #2

Data source type
Media report
Publication title
Compraron el pueblo donde viven, con ellos adentro
Date
2017-08-22

Data source #3

Data source type
Media report
Publication title
RECUERDOS BAJO LA ALFOMBRA DE PUY SORIA. CUANDO VENDIÓ UN PUEBLO
Date
2018-09-17

Data source #4

Data source type
Media report
Publication title
Investigan la venta fraudulenta de tierras públicas en el noroeste de Argentina
Date
2018-05-31

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Negative impacts for local communities

Negative impacts for local communities
Socio-economic
Displacement

Former land owner (not by constitution)

Former land owner
Community
Other
Comment on former land owner
Decades ago lives a community of 300 inhabitants.

Dec. 24, 2019, 1:41 a.m.

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