Arbitration and dispute resolution
All disputes shall be referred to and finally resolved by arbitration in London before three arbitrators under the Rules of...
Cancellation or termination
If the government is in breach of the contract, such breach shall not be grounds for suspending or terminating the...
Custom duties
All plants, equipments and machinery shall be imported free of any duty and taxes (except for ECOWAS levy currently at...
Environmental impact assessment and management plan
The environmental license for the project will be granted to Sierra Land Development, subject to conditions only which are typical...
Environmental protections
Sierra Land Development agrees that it will comply with national standards in relation to environmental protection and health and safety...
Expropriation or nationalization
The government agrees that it will not, nor attempt to, nationalize, expropriate or confiscate all or any part of the...
Financial obligations - community or commodity funds
Sierra Land Development shall establish a Sierra Land Development Foundation when the first profits are realized, donated annually 5% of...
Governing law
The contract is governed and shall be construed in accordance with the laws of the Republic of Sierra Leone and...
Income tax: exemptions
The government recognizes a readiness to grant investment incentives in the form of tax holidays and exemption of duties to...
Income tax: rate
Income earned from a source in Sierra Leone by foreign nationals is subject to tax at the rate of 25%
Infrastructure
Sierra Land Development agrees to meet all project-related infrastructure capital costs anticipated in the business plan, including but not limited...
Local employment
Sierra Land Development will recruit, besides one technical director, Sierra Leonean staff only and provide relevant training
Local procurement
Sierra Land Development agrees to permit tendering by local suppliers of relevant ancillary services, such as transportation, input suppliers, warehousing,...
Other - miscellaneous
The government:
(a) acknowledges that the execution, performance and delivery by Sierra Land Development or the government of this contract shall...
Other - operational
The government confirms that Sierra Land Development will be granted all the required permits and other authorizations in connection with...
Outgrowers Program
The government supports the development of small farmer production and nucleus/outgrower schemes
Social/human rights impact assessment and management plan
The environmental license for the project will be granted to Sierra Land Development, subject to conditions only which are typical...
Stabilization
If any change of law in Sierra Leone has a material adverse effect on the ability of Sierra Land Development...
State agency, national company or ministry executing the document
The Government of the Republic of Sierra Leone acting by each of the Ministries of Agriculture, Forestry and Food Security, Finance and Economic Development, Trade and Industry
Training
Sierra Land Development will make the obtained knowledge and experience available as contribution to the food security position of Sierra...
Water use
The government agrees to enter into a water rights agreement with Sierra Land Development. Water shall be charged at 3...
Country
Sierra Leone
Signature Year
2013
Resource
Other crops
Type of Document
Contract
Open Contracting Identifier
ocds-591adf-2317427356
Disclosure Mode
Government
Land Matrix ID
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