Please note: you are viewing an old version of this deal. The current version can be found here: Deal #7624

Deal #7624 Version #80460

Gabon
Created at
2020-01-08
Last update
2020-10-26
Last full update
2021-04-30

Land area

Size under contract (leased or purchased area)
  • [2016, current] 18707.0 ha
Size in operation (production)
  • [current] 5934.0 ha
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 (17691.0 ha)
  • [current] Conservation (1016.0 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 (Change of ownership)
  • [2016, current] 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, current] 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.