Deal #7893

Location #1

Spatial accuracy level
Administrative region
Location
Margibi, Liberia

Target country
Liberia
Comment on location
Beahn-Poye Authorized Community Forest is located in Margibi County, Liberia.

Land area

Size under contract (leased or purchased area, in ha)
[2017] 33338
Comment on land area
The Beyan Poye CFMA covers a total of 33,338 hectares of forest. Another report claims the size under contract is 33 888 hectares.

Intention of investment

Intention of investment
Forest logging / management (for wood and fibre)

Nature of the deal

Nature of the deal
Concession
Comment on nature of the deal
Beyan Poye CFMA. Sub-contracted to a logging company under a Commercial Use Contract (CUC).

Negotiation status

Negotiation status
[2017] Concluded (Contract signed)
Comment on negotiation status
Beyan Poye was granted approval the agreement on 22 February 2017. The community then signed CUC with Akewa Company March 2017.

Implementation status

Implementation status
[2018] In operation (production)

Leasing fees

Annual leasing fee
1
Annual leasing fee currency
US Dollar ($)
Annual leasing fee type
per ha
Comment on leasing fees
Pay land rental of said they do not know if such assistance was possible.$1.00 and royalty of $1.50 per cubic meter of timber harvested in the community. The company is yet to pay their land rental fees. Leasing fee from research report.

Contract #1

Contract date
2017-03-25
Contract expiration date
2032-03-24
Duration of the agreement (in years)
15

Operating company

Name of investment project
Beahn-Poye Authorized Community Forest
Comment on investment chain
Akewa has been active in the area before, when it logged under the Private Use Permit allocated to the People of Margibi back in 2011.

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Publication title
Community Forestry in Liberia Community Forest Management Plan processes and draft template for Commercial Use Contract negotiations in community forest operations
Date
2018

Data source #2

Data source type
Research Paper / Policy Report
Publication title
LIBERIA EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (LEITI) EITI REPORT FOR THE YEARS ENDED 30 JUNE 2017 AND 30 JUNE 2018
Date
2019
Comment on data source
Larger than 10mb (can't upload file)

Data source #3

Data source type
Research Paper / Policy Report
Publication title
What do communities want?A rapid assessment of local preferences for community-owned forest enterprise
Date
2018

Detailed crop, animal and mineral information

Crops area
Trees (unspecified)

May 6, 2020, 3:49 p.m.

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