Deal #897

Location #1

Spatial accuracy level
Administrative region
Location
La Libertad, Perú

Target country
Peru
Comment on location
La Libertad (Ascope)

Land area

Size under contract (leased or purchased area, in ha)
[2006] 29383
Size in operation (production, in ha)
[2006] 11000
Comment on land area
According to the company's website, from this surface, 20 000 ha can be dedicated to sugar cane cultivation, but effectively cultivated land was of 11 000 ha in 2006, and 17 000 in 2007 after investment in irrigation (with the aim to reach 19 000 ha in 2008). Water supply is the central issue to increase agricultural frontier in deserts of Peru's coast. In this case, it is provided by the Chicama river.

Intention of investment

Intention of investment
Biofuels, Food crops, Industry

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2006] Concluded (Contract signed)
Comment on negotiation status
In 2006 the company also purchased lands of the project Chavimochic

Implementation status

Implementation status
[2006] In operation (production)

Operating company

Comment on investment chain
The major shareholder is Gloria Group

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2009-01-01
Comment on data source
"La gran propiedad vuelve al campo", in: La Revista Agraria n°107, CEPES (Centro Peruano de Estudios Sociales), May 2009

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
1999-01-01

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Research Paper / Policy Report
File

Data source #6

Data source type
Company sources
File

Data source #7

Data source type
Company sources
File

Displacement of people

Number of people actually displaced
0

Former land owner (not by constitution)

Former land owner
State
Private (large-scale farm)

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland
Marginal land

Detailed crop, animal and mineral information

Crops area
Sugar Cane

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: I didn't find precise informations about the history of Casagrande SA. It doesn't seem to have be a cooperative like in cases 888, 890, 895 and 896, but a state-owned enterprise, before beeing privatized in 1997-98.

May 14, 2018, 9:36 p.m.

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March 10, 2016, 12:08 a.m.

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Feb. 4, 2016, 9:41 p.m.

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March 5, 2013, 11:50 p.m.

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Feb. 15, 2013, 5 p.m.

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