Deal #9884

Indonesia
Created at
2023-02-17
Last update
2023-03-29
Last full update
2023-03-29

Land area

Intended size
10 000 ha
Size under contract (leased or purchased area)
  • [2014, current] 10000 ha

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Food crops, Non-food agricultural commodities

Negotiation status

Negotiation status
  • [2014, current] Concluded (Change of ownership)

Implementation status

Implementation status
  • [current] In operation (production)

Contract farming

Contract farming
Yes
Comment on contract farming
Company information stated that they carried out partnership activities with the surrounding community. It referred to a partnership with 430 heads of families (KK) of oil palm farmers in a number of villages in the company area which are members of the Sungebatu Sejahtera Sawit Cooperative, Sunge Batu Village, Pasir Belengkong District.