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Nica Forestal

The promoters are planning to establish a teak plantation in Nicaragua. In addition to producing high-quality teak they are also developing a CDM-certification for a plantation of approximately 2,000ha.

The promoters will not be buying land, but develop partnerships through shared benefit agreements with local farmers / landowners, in ordner to reduce costs to the projects and at the same time enable landowners to participate in the upside.

Facts

  • Company: Nica Forestal
  • Sector: Forestry
  • Investment year: 2012
  • Instrument: Loan
  • Committed amount (MNOK): 1.8