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] Biomass for biofuels, Food crops, Non-food agricultural commodities (3374.0 ha)
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2012-05-07, current] Concluded (Contract signed)
Implementation status
Implementation status
- [current] In operation (production)
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%.