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Deal #909

Location #1

Spatial accuracy level
Administrative region
Location
Huacho, Perú

Target country
Peru
Comment on location
Lima (Huacho)

Land area

Size under contract (leased or purchased area, in ha)
7200
Comment on land area
Land located in Huacho, department of Lima

Intention of investment

Intention of investment
Biofuels, Food crops, Industry

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
Concluded (Contract signed)
Comment on negotiation status
There is a conflict for the control of the enterprise (see cell AC)

Implementation status

Implementation status
In operation (production)
Comment on implementation status
There is a conflict for the control of the enterprise (see cell AC)

Operating company

Comment on investment chain
There is actually an important and violent conflict for the control of Andahuasi SAA between two big peruvian economic actors: the Wong Group and the Manuel Bustamante Olivares" group. The enteprise' direction and workers are divided and the work paralysed. A faction of the direction tried to sell half of the shares to Wong without workers' (and shareholders') direction authorization.

 

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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
Media report
File
Date
2009-01-01

Data source #3

Data source type
Media report
File
Date
2011-01-01

Data source #4

Data source type
Media report
File
Date
2009-01-01

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 - Coordinator's overview comment: Multiple issues. See reviewer's comments. Review. Import of error check - Reviewer's overview comment: There is a violent conflict for the control of Andahuasi SAA (see cell AC). This is an old enterprise and I didn't find informations about recent land acquisition and about the history of the enterprise. It seems that like other sugar-cane companies, it were converted into a cooperative under agraria reform law and then were privatized. But it would have been the last ex cooperative to remain controled by workers. (This would require more research)

Feb. 6, 2018, 11:36 p.m.

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Feb. 5, 2016, 10:58 p.m.

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Feb. 5, 2016, 10:54 p.m.

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March 7, 2013, 6:46 p.m.

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Feb. 15, 2013, 5:01 p.m.

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