Agro EcoEnergy and others v. TanzaniaAgro EcoEnergy Tanzania Limited, Bagamoyo EcoEnergy Limited, EcoDevelopment in Europe AB, EcoEnergy Africa AB v. United Republic of Tanzania(ICSID Case No. ARB/17/33)
Sweden - United Republic of Tanzania BIT (1999)
Respondent State(s) Tanzania, United Republic of
Home State(s) of investor Sweden
Details of investment
Investment of the alleged USD 52 million in developing 20,000 hectares of land to grow sugar cane and produce ethanol.
Summary of the dispute
Claims arising out of the cancellation by the Government, in 2016, of the claimants’ sugar cane and ethanol project on the grounds that it would have adverse impact on local wildlife.
SASA ONA: ALITAKA KUEKEZA 52 MILL. US$...........................sasa analipwa 165 Million US$!
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