Arbitrage et règlement des différends
If a dispute arises between the Ministry of Agriculture and Horizon Plantations that is out of or in connection with...
Cession ou transfert
Horizon Plantations has no right to transfer the land or properties developed on the land in favor of any other...
Annulation ou Résiliation
Horizon Plantations has the right to terminate the land lease agreement subject to at least 6 months' prior written notice...
Droits de douane
The Ministry of Agriculture undertakes to provide special investment privileges such as exemptions from taxation and import duties of capital...
Etude sur l'impact environnemental et plan de gestion
Horizon Plantations bears an obligation to conduct environmental impact assessment and deliver the report within 3 months of execution of the agreement
Protection de l'environnement
Horizon Plantations shall bear the obligation to provide good care and conservation of the leased land, with particular obligations to:...
Loi applicable
The governing law for operations under the agreement shall be the laws of Ethiopia
Clause de hardship ou force majeure
Conditions of force majeure shall be governed by the Ethiopian Civil code
Impôt sur les bénéfices: exonération
The Ministry of Agriculture undertakes to provide special investment privileges such as exemptions from taxation and import duties of capital...
L'infrastructure
Horizon Plantations has the right to build infrastructure, such as dams, water boreholes, power houses, irrigation system, roads, bridges, offices,...
Emplacement
Benshangul Gumuz Regional State, Metekel Zone, Guba District Aychichiniya Abultu kebele
Autre - opérationnel
Horizon Plantations has to execute all development activities as per the agreed business plan. In case of any change or...
La sécurité physique ou la protection de la propriété
The Government shall ensure that during the period of the lease, Horizon Plantations shall enjoy peaceful and trouble-free possession of...
Renouvellement ou prolongation de la durée de la concession
The agreement can be renewed for another additional years mutually agreed between the parties. The agreement shall be renewed on...
Exigences de déclaration
Horizon Plantations shall provide correct data and investment activity reports upon request by the Ministry of Agriculture. The Ministry of...
Restrictions sur les transactions avec les parties liées
Dividing the leased land among shareholders to develop in an independent way or subleasing to any party is strictly forbidden and shall result in the termination of the agreement
Signataire(s), société
Jemal Ahmed, General Manager, Horizon Plantations PLC
Superficie de la concession
20,000 hectares. Horizon Plantations has the right to get additional land based on its performance, accomplishment and need
Agence de l'Etat, société nationale ou ministère signataire du contrat
Ministry of Agriculture of the Federal Democratic Republic of Ethiopia
Redevances superficiaires
There shall be a 3-year grace period for the land rent. The rent during this period will be prorated over...
Obligations de travaux, d'investissements
Horizon Plantations should take over the leased land within 30 days of execution of the agreement by making the down...