Deal #911

Location #1

Spatial accuracy level
Administrative region
Location
Ica, Perú

Target country
Peru
Comment on location
Valle del Ica

Land area

Size under contract (leased or purchased area, in ha)
[2011] 912
Size in operation (production, in ha)
[2011] 912
Comment on land area
Land located in the Ica valley.

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[2009] Concluded (Contract signed)

Implementation status

Implementation status
[2009] In operation (production)

Operating company

Operating company
Comment on investment chain
In 2010, IQF benefited from a credit from the BID (interamerican bank for development): 3 millions of dollars to install 88 ha of esparagus cultivation and the construction of aqueduct which would not respect water consumption regulation. IQF would be linked to the agroindustrial Novus Internacional Inc. (Misuri, USA).

 

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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
2010-01-01

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Research Paper / Policy Report
File

Detailed crop, animal and mineral information

Crops area
Vegetables (unspecified)

Use of produce

Has export
Yes

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: This case is relatied to the process of specialization of the Ica valley in culture of esparagus, an intensive water consumer (reserchers speak about an ecological desastre) but a very profitable no conventional export product on the world market. 7 enterprises owns something like 10 000 ha: Agroindustrias AIB S.A., Agrokasa, Icatom, IQF del Perú, Complejo Agroindustrial Beta S.A., Agrícola Chapi S.A., Agrícola Athos S.A. These enterprises control 30% of the land in the valley and 95% of the consumed water.

Feb. 7, 2018, 8:18 p.m.

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Feb. 5, 2016, 11:39 p.m.

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March 7, 2013, 7:02 p.m.

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

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