Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1402

Deal #1402 Version #92343

Morocco
Created at
2013-02-15
Last update
2024-09-30
Last full update
2024-03-19

Land area

Intended size
5 000 ha

Intention of investment

Intention of investment
  • [2006, current] Food crops (5000 ha)

Carbon offset project

Carbon offset project
No

Negotiation status

Negotiation status
  • [2006, current] Intended (Memorandum of understanding)
Comment on negotiation status
In 2006, a Memorandum of Understanding was signed between Al Qudra and SOMED to promote agricultural cooperation and highlight the importance of olive oil as a key export product. The initiative, involving 5,000 hectares for olive production, aimed to increase local output and position Morocco as a strong competitor in the global olive oil market by leveraging its favorable climate and local varieties.

Implementation status

Implementation status
  • [2006, current] Project not started