No, we will be leasing the land from our government. While a final price has not yet been agreed to, we believe the terms and conditions will be fair and competitive, and will result in major, long-term benefits to the people of Kigoma first of all, and to other Tanzanians as well.
We are negotiating directly with our government in an open and transparent manner. AgriSol’s cost for leasing the land from our government involves several components:
1. Actual rent for the land;
2. A major investment in land improvements, farming and processing equipment and infrastructure necessary for the project;
3. A major investment in small farmer, outgrower and community development programs; and
4. Taxes that we will pay to our local and national governments each year.