Assignment or transfer
Mela Agricultural Development does not have the right to transfer the leased land to another company or individual unless 75%...
Cancellation or termination
The land lease agreement may be terminated if: (i) the land lease agreement has expired; (ii) the Ministry of Agriculture...
Custom duties
The Ministry of Agriculture and Rural Development, considering the fact that this is a major investment operation, shall be obliged...
Environmental protections
Mela Agricultural Development shall take good care of and conserve the leased land and natural resources on it. Adama Development...
Hardship clause or force majeure
Force majeure and hardship are governed by the Ethiopian Civil Code
Income tax: exemptions
Mela Agricultural Development shall receive exemptions from taxation in accordance with the laws of Ethiopia that are proclaimed for foreign companies
Infrastructure
Mela Agricultural Development shall have the right to build infrastructure such as dams, water boreholes, power houses, irrigation systems, roads,...
Location
Southern Nation, Nationalities and Peoples Regional State, South Omo zone, Dassanech district, Lochober and Qelemagnato Kebeles
Other - financial/fiscal
The Ministry of Agriculture and Rural Development, considering the fact that this is a major investment operation, shall provide...
Physical security or protection of property
The Ministry of Agricutlure and Rural Development shall be obliged to cooperate in providing adequate security, free of charge, so...
Renewal or extension of term
Upon the mutual agreement of the two parties, the land lease agreement can be renewed for additional year/s and similar...
Reporting requirements
Upon the request of the Ministry of Agriculture and Rural Development, Mela Agricultural Development shall provide accurate data and report...
Size of concession area
5,000 hectares of land located in Southern Nation, Nationalities and Peoples Regional State, South Omo zone, Dassanech district, Lochober and Qelemagnato Kebeles
State agency, national company or ministry executing the document
Ministry of Agriculture and Rural Development
Surface fees or rent
Starting from the day this lease is signed, there shall be a 3 year payment grace period. The unpaid rent...
Work and investment commitments
Mela Agricultural Development shall start developing the land within 6 months from the signing of the land lease agreement, provided...
Amharic version of contract available below as an associated document
Country
Ethiopia
Signature Year
2009
Resource
Cereal crops | Cotton | Oilseeds
Type of Document
Contract
Open Contracting Identifier
ocds-591adf-6904927969
Disclosure Mode
Government
This document has missing annexes
Land Matrix ID
Mela Agricultural Development P.L.C., Lease, 2009 [Amharic version]
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