Deal #8086

Indonesia
Created at
2020-07-07
Last update
2021-11-25
Last full update
2021-11-25

Land area

Size under contract (leased or purchased area)
  • [2012-05-07, current] 3312.0 ha

Intention of investment

Intention of investment
  • [2012-05-07, current] (3374.0 ha)

Nature of the deal

Nature of the deal
-

Negotiation status

Negotiation status
  • [2012-05-07, current] CONTRACT_SIGNED

Implementation status

Implementation status
  • [current] IN_OPERATION
Comment on implementation status
An NGO investigated the operation of palm oil companies in Kapuas Hulu, they found out that PT CNG is operating way beyond their HGU. They have an IUP covering 18,000 ha in contrast to their HGU which is much less.

Contract farming

Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
Size is not clear but should be around 20%.