Arbitration and dispute resolution
When a dispute arises between the Ministry of Agriculture and Rural Development and Rahwa Agri-Development in connection with or arising...
Assignment or transfer
Rahwa Agri-Development does not have the right to transfer the leased land to another company or individual unless 75% of...
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
Rahwa Agri-Development shall receive exemptions import duties on capital goods in accordance with the laws of Ethiopia that are proclaimed for foreign companies
Environmental protections
Rahwa Agri-Development shall take good care of and conserve the leased land and natural resources on it. Rahwa Agri-Development shall...
Hardship clause or force majeure
Force majeure and hardship are governed by the Ethiopian Civil Code
Income tax: exemptions
Rahwa Agri-Development shall receive exemptions from taxation in accordance with the laws of Ethiopia that are proclaimed for foreign companies
Infrastructure
Rahwa Agri-Development shall have the right to build infrastructure such as dams, water boreholes, power houses, irrigation systems, roads, bridges,...
Location
Southern Nation, Nationalities and Peoples Regional State, South Omo zone, Dassanech district, Karawo and Qelemagnato Kebele.
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 Agriculture and Rural Development shall cooperate in providing adequate security, free of charge, so that Rahwa Agri-Development...
Renewal or extension of term
Upon the mutual agreement of the parties, the land lease agreement can be renewed for additional year/s on similar contractual...
Reporting requirements
Upon the request of the Ministry of Agriculture and Rural Development, Rahwa Agri-Development shall provide accurate data and report investment...
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
Rahwa Agri-Development shall start developing the land within 6 months from the signing of the land lease agreement, provided that...
Amharic version of contract available below as an associated document
Country
Ethiopia
Signature Year
2010
Resource
Cereal crops | Cotton | Oil crops
Type of Document
Contract
Open Contracting Identifier
ocds-591adf-4238834019
Disclosure Mode
Government
This document has missing annexes
Land Matrix ID
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