Deal #9589
Senegal
Created at
2022-09-02
Last update
2024-04-05
Last full update
2024-04-05
Land area
Intended size
6 000 ha
Size under contract (leased or purchased area)
- [current] 6000 ha
Comment on land area
According to the surveys carried out in the area, VITAL uses zero hectares of the affected area.
Vital, a Senegalese company with a total exploitable area of 6,000ha. It should be noted that this company does not farm on site due to its very limited financial resources.
On the other hand, it buys and processes rice from producers in the area, and the remainder is not farmed due to salinization.
Intention of investment
Intention of investment
- [current] Food crops (6000 ha)
Comment on intention of investment
Rice
Carbon offset project
Carbon offset project
No
Nature of the deal
Nature of the deal
Lease
Comment on nature of the deal
Allocated
Negotiation status
Negotiation status
- [current] Concluded (Contract signed)
Implementation status
Implementation status
- [current] Startup phase (no production)
Contract farming
Contract farming
Yes
Comment on contract farming
Vital, a Senegalese company with a total exploitable area of 6,000ha. It should be noted that this company does not operate on site due to its very limited financial resources.
On the other hand, it buys and processes rice from producers in the area, and the remainder is not farmed due to salinization.