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Mela Agricultural Development P.L.C., Lease, Translated Contract, 2009
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Assignment or transfer

Mela Agricultural Development does not have the right to transfer the leased land to another company or individual unless 75%... more

Page 3 ( Arts. 4.9-4.10 )

Cancellation or termination

The land lease agreement may be terminated if: (i) the land lease agreement has expired; (ii) the Ministry of Agriculture... more

Page 3 ( Art. 3.6 ), Page 4 ( Art. 6.5, Art. 5.4 ), Page 5 ( Art. 9 )

Country

Ethiopia

Page 1 ( Preamble )

Custom duties

The Ministry of Agriculture and Rural Development, considering the fact that this is a major investment operation, shall be obliged... more

Page 4 ( Art. 6.2 )

Date - contract signature

19/11/2009

Page 8 ( Art. 20 )

Environmental protections

Mela Agricultural Development shall take good care of and conserve the leased land and natural resources on it. Adama Development... more

Page 3 ( Art. 4.1(a)-(c) )

Governing law

Ethiopian law.

Page 6 ( Art. 12 )

Hardship clause or force majeure

Force majeure and hardship are governed by the Ethiopian Civil Code

Page 6 ( Art. 13 )

Income tax: exemptions

Mela Agricultural Development shall receive exemptions from taxation in accordance with the laws of Ethiopia that are proclaimed for foreign companies

Page 4 ( Art. 6.2 )

Infrastructure

Mela Agricultural Development shall have the right to build infrastructure such as dams, water boreholes, power houses, irrigation systems, roads,... more

Page 2 ( Art. 3.2 ), Page 3 ( Art. 4.4 ), Page 6 ( Art. 10.4, Art. 10.2 )

Location

Southern Nation, Nationalities and Peoples Regional State, South Omo zone, Dassanech district, Lochober and Qelemagnato Kebeles

Page 1 ( Art. 1.1 )

Name of company executing document

Mela Agricultural Development P.L.C.

Page 1 ( Title )

Other - financial/fiscal

The Ministry of Agriculture and Rural Development, considering the fact that this is a major investment operation, shall provide... more

Page 4 ( Art. 6.2 )

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... more

Page 4 ( Art. 6.6 )

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... more

Page 2 ( Art. 2.1 ), Page 5 ( Art. 8 )

Reporting requirements

Upon the request of the Ministry of Agriculture and Rural Development, Mela Agricultural Development shall provide accurate data and report... more

Page 3 ( Art. 4.5 ), Page 4 ( Art. 5.1 )

Resource(s)

Cotton, Oil seeds, and Cereals

Page 1 ( Art. 1.1 )

Signatories, company

Dr. Mengistu

Page 8 ( Art. 20 )

Signatories, State

Tefera Derbew, Minister of Agriculture and Rural Development

Page 8 ( Art. 20 )

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

Page 1 ( Art. 1.1 )

State agency, national company or ministry executing the document

Ministry of Agriculture and Rural Development

Page 8 ( Art. 20 )

Surface fees or rent

Starting from the day this lease is signed, there shall be a 3 year payment grace period. The unpaid rent... more

Page 2 ( Art. 2.2 ), Page 3 ( Art. 4.6 )

Term

25 years starting on March 16, 2010

Page 2 ( Art. 2.1 ), Page 8 ( Art. 20 )

Type of contract

Lease

Page 1 ( Title )

Work and investment commitments

Mela Agricultural Development shall start developing the land within 6 months from the signing of the land lease agreement, provided... more

Page 3 ( Arts. 4.2-4.3 )
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Note:This document is an unofficial translation, commissioned by OpenLandContracts, of the original Amharic-language contract disclosed by the government

Amharic version of contract available below as an associated document
Metadata

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

#3831

Associated Documents

Mela Agricultural Development P.L.C., Lease, 2009 [Amharic version]

More from

Ethiopia

More for

Cereal crops | Cotton | Oilseeds

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