Deal #7228

Location #1

Spatial accuracy level
Approximate location
Location
Torma, Sierra Leone

Target country
Sierra Leone

Land area

Intended size (in ha)
54000.0
Comment on land area
first phase of the project, about 54,000 hectares

Intention of investment

Intention of investment
Food crops

Negotiation status

Negotiation status
[2019-09-28] Intended (Memorandum of understanding)
Comment on negotiation status
resumption of largescale Torma Bum rice farming. Sierra Leone’s Ministry of Agriculture, Forestry and Food Security signed this deal with the Turkish food producing giant (SALA).

Contract farming

Contract farming
No

Operating company

Operating company
Name of investment project
Torma Bum rice farming
Comment on investment chain
$275M investment deal

 

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Data source #1

Data source type
Media report
File
Publication title
Turkish investors sign $275 million Sierra Leone rice farming deal
Date
2019-09-28

Detailed crop, animal and mineral information

Crops area
Rice

Water extraction envisaged

Water extraction envisaged
Yes

Source of water extraction

Source of water extraction
Surface water (River)
Comment on source of water extraction
Wanje and the Sewa rivers for sustainable irrigation

Oct. 7, 2019, 12:28 p.m.

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