Deal #1130

Côte d'Ivoire
Created at
2013-02-15
Last update
2024-07-01
Last full update
2024-07-01

Land area

Intended size
39 361 ha
Size under contract (leased or purchased area)
  • [1997, current] 39361 ha
Size in operation (production)
  • [2011] 31573 ha
  • [2017, current] 40516 ha
Comment on land area
Comprising of 8 different sites.

Intention of investment

Intention of investment
  • [1997, current] Agriculture unspecified (39361 ha)

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [1997] Concluded (Contract signed)
  • [2008] Concluded (Change of ownership)
  • [1997, current] Concluded (Contract signed)
Comment on negotiation status
A SIFCA affiliate since 1997, PALMCI resulted from the privatization of former State-owned company Palmindustrie, from which it retained many assets. SIFCA/NAUVU gained majority ownership when they purchased Unilever's shares in 2008.

Implementation status

Implementation status
  • [1997, current] In operation (production)
Comment on implementation status
Previously state-owned Palmindustrie, privatised in 1997. SIFCA took majority share in 2008 when Unilever sold its shares.

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • 108351 ha 27005
  • [2017, current] 145278 ha