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Deal #1151 Version #51478
Cameroon
Created at
2013-02-15
Last update
2017-06-22
Last full update
2024-04-08
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
Intention of investment
- [current] Agriculture unspecified
Comment on intention of investment
Oil palm and rubber
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2000, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2000, current] In operation (production)
Comment on implementation status
Previously government owned, started in 1969
Contract farming
Contract farming
Yes
On leased / purchased
Yes
Comment on contract farming
40% of planted area by smallholders on the estate