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Deal #1151 Version #51476

Cameroon

Created at

2013-02-15

Last update

2016-07-13

Last full update

2024-09-26

Land area

Intended size

63 763 ha

Size under contract (leased or purchased area)

[2005, current] 63763.0 ha

Size in operation (production)

[2014, current] 37001.0 ha

Comment on land area

40% of planted area by smallholders on the estate. Cameroons largest producer of palm oil. Another report states 58000 hectares under contract, while a farmland grab article states 56000ha. 37,001 hectares of plantations in 2014: 35,037 ha of oil palm and 1,964 hectares of rubber. Socfin 2014 report states 59 563 ha under contract, with area planted being 33 044ha. 6 sites. Original leasehold states 20 000ha only.

Intention of investment

[current] Agriculture unspecified

Comment on intention of investment

Oil palm and rubber

Nature of the deal

Lease

Negotiation status

[2000, current] Concluded (Contract signed)

Implementation status

[2000, current] In operation (production)

Comment on implementation status

Previously government owned, started in 1969

Contract farming

Yes

On leased / purchased

Yes

Comment on contract farming

40% of planted area by smallholders on the estate