Deal #7624

Location #1

Spatial accuracy level
Exact location
Location
Makouke, Gabon

Latitude
-0.553189482663555
Longitude
10.357447817204273
Target country
Gabon

Land area

Size under contract (leased or purchased area, in ha)
[2016] 18707
Size in operation (production, in ha)
5934
Comment on land area
1016ha will remain as buffer areas. Makouke plantation made up of three concessions (Bindo-Bifoun (BB), Makouké and Bindo).

Intention of investment

Intention of investment
Agriculture unspecified (17691 ha)
Conservation (1016 ha)
Comment on intention of investment
1016ha will remain as buffer areas.

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Took lease over in 2016 that was previously under SIAT (was previously incorporated into #3352).

Negotiation status

Negotiation status
[1950] Concluded (Contract signed)
[2016] Concluded (Contract signed)
Comment on negotiation status
Plantation originally obtained in 1950's and planting started then. Olam took lease over in 2016 that was previously under SIAT (was previously incorporated into #3352).

Implementation status

Implementation status
[1950] In operation (production)
[2016] In operation (production)
Comment on implementation status
Plantation originally obtained in 1950's and planting started then. Olam took lease over in 2016 that was previously under SIAT (was previously incorporated into #3352).Was already operational when lease was taken over from SIAT.

Operating company

Operating company
Name of investment project
Makouke plantation

 

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Data source #1

Data source type
Company sources
Publication title
Oil Palm locations

Data source #2

Data source type
Company sources
Publication title
Palm plantations

Data source #3

Data source type
Company sources
File
Publication title
RSPO NEW PLANTING PROCEDURES Summary Report of ESIA, HCV Assessments and Management Plan Bindo Bifoun (Makouke), Olam Palm Gabon
Date
2019-04

Data source #4

Data source type
Media report
File
Publication title
Face aux revendications de meilleures conditions de travail, l’agro-industriel Olam Gabon se défend
Date
2019-06-07
Comment on data source
Jobs created as well as land size

Data source #5

Data source type
Media report
File
Publication title
temasek-subsidiary-makes-bid-for-olam
Date
2014-03-14

Data source #6

Data source type
Company sources
File
Publication title
Olam Sustainable Palm Oil Policy
Date
2018-01

Former land owner (not by constitution)

Former land owner
Community
Comment on former land owner
Formerly owned by SIAT, before that was community land.

Former land use

Former land use
Forestry

Detailed crop, animal and mineral information

Crops area
Oil Palm (5934 ha)

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
Palm oil mill

Overall comment

Overall comment
RSPO certified in 2019.

Jan. 14, 2020, 3:37 p.m.

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Jan. 8, 2020, 11:24 a.m.

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Jan. 8, 2020, 11:07 a.m.

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