Deal #7626

Gabon
Created at
2020-01-08
Last update
2021-04-27
Last full update
2021-04-26

Land area

Intended size
35 354 ha
Size under contract (leased or purchased area)
  • [2011, current] 35354.0 ha
Size in operation (production)
  • [2017, current] 15884.0 ha
Comment on land area
18,323ha set aside for conservation In 2017 15,884ha had been planted: 4,688 immature plants, 11,196ha mature. 1,635ha for infrastructure and 17,834ha conservation. Mapping of oil palm activities using satellite imagery indicates that the area under operation might be bigger.

Intention of investment

Intention of investment
  • [2012, current] Agriculture unspecified, Conservation (35354.0 ha)
Comment on intention of investment
Palm oil plantations, combined with conservation areas.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2012, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2013, current] In operation (production)
Comment on implementation status
The first planting was done in 2013, and was finished in 2015.

Leasing fees

Annual leasing fee
17 677 000
CFP Franc
for specified area
Annual leasing fee area
35 354 ha
Comment on leasing fee
17.677million FCFC per annum for the total concession area. The fee can be adjusted every 5 years with a maximum increase of 20%