Deal #847

Location #1

Spatial accuracy level
Administrative region
Location
Upper Takutu-Upper Essequibo, Guyana

Target country
Guyana
Comment on location
Rewa Head

Land area

Size under contract (leased or purchased area, in ha)
[2015] 391853

Intention of investment

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

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2010] Concluded (Contract signed)

Implementation status

Implementation status
[2015] Startup phase (no production)

Contract #1

Duration of the agreement (in years)
30

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2012-04-16
Comment on data source
This report relates the acquisition process of the land from the Simon and Shok International (US) to Vaitarna Holdings Private Inc. (VHPI), a subsidiary of Café Coffee Day Limited of India.

Data source #2

Data source type
Media report
File

Data source #3

Data source type
Media report
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Media report
File

Data source #6

Data source type
Media report
File
Date
2011-04-10

Data source #7

Data source type
Media report
File
Date
2012-05-06

Data source #8

Data source type
Media report
File
Date
2013-08-19
Comment on data source
Promised wood processing facility has not been installed (August 2013).

Data source #9

Data source type
Media report
File
Comment on data source
Wood processing facility has not been set up as of January 2015.

Data source #10

Data source type
Media report
File

Data source #11

Data source type
Media report
File

How did the community react?

Comment on community reaction
Reports critizice the delay in setting up a wood processing plant.

Former land owner (not by constitution)

Former land owner
State

Former land use

Former land use
Forestry

Former land cover

Former land cover
Forest land

Use of produce

Has export
Yes
Export
100
Country 1
India

In country processing of produce

In country processing of produce
No
Comment on in country processing of produce
Processing is being done in India

Overall comment

Overall comment
The State Forest Exploratory Permit (SFEP) 03/07 should have expired in 2011. There are no reports of a signed Timber Sales Agreement (TSA). A TSA is a long term agreement that is granted if the agreements of a SFEP have been met. So Vaitarna appears to be holding an expired SFEP.

Feb. 28, 2019, 9:09 p.m.

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April 22, 2016, 9:46 p.m.

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Jan. 26, 2016, 8:24 p.m.

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Jan. 26, 2016, 7:58 p.m.

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March 5, 2015, 6:15 p.m.

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March 4, 2015, 4:29 p.m.

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Nov. 7, 2013, 6:32 p.m.

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June 5, 2013, 8:51 p.m.

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June 4, 2013, 9:15 p.m.

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June 4, 2013, 9:11 p.m.

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May 30, 2013, 8:13 a.m.

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May 30, 2013, 7:59 a.m.

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March 21, 2013, 2:54 a.m.

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March 21, 2013, 2:13 a.m.

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Feb. 15, 2013, 5 p.m.

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