Deal #3271

Location #1

Spatial accuracy level
Administrative region
Location
Guiglo, Côte d'Ivoire

Target country
Côte d'Ivoire
Comment on location
The estate is located 27 km from Zagné, in the prefecture of Guiglo in the region of Moyen Cavally.

Land area

Intended size (in ha)
13700
Size under contract (leased or purchased area, in ha)
[2007] 7700
Size in operation (production, in ha)
[2012] 5500
Comment on land area
5300 under cultivation. Further 13500ha by 1200 outgrowers. Plans to increase 5000ha plantation and 1000ha outgrowers annually.

Intention of investment

Intention of the investment
Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)
Comment on negotiation status
20 million francs invested in 2007.

Implementation status

Implementation status
[2007] In operation (production)
Comment on implementation status
CDC acquired the company from the government of Cote d'Ivoire in the early 1980s. CDC sold the company to SIAT in 2007.

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased farmers (out-grower)
8000
Comment on contract farming
Increased from 1200 farmers with 13500ha. The company pays 25 million francs to the outgrowers over a period of three years.

Number of domestic jobs created

Jobs created (domestic)
Yes
Current number of employees (domestic)
1500
Comment on jobs created (domestic)
The employees have access to the medical center and were built new accommodation.

Operating company

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Company sources
File
Comment on data source
CHC 2013

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Roads
Capacity Building
Other
Comment on promised benefits for local communities
The company has built three elementary schools and one collage. A medical center has been opened for all residents. A library has been built. The company created a market and built a commercial center. Upgrades to the youth center. Re-profiling the road in the area of the company. The company directs 2% of the income to social upliftment projects. The company provided training to 6000 households on the agricultural techniques of rubber farming.

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
The land was privatized by the state in 1996.

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Rubber tree

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The plant has a capacity of 70 tonnes per day, by rotating shifts of 8 hours each. Two types of rubber are produced: technically specified rubber and natural rubber.

Overall comment

Overall comment
Started as state-owned operation

Oct. 17, 2014, 5:44 p.m.

overwritten

This version

Compare with previous version

Sept. 22, 2014, 6:13 p.m.

overwritten

Show this version

Compare with previous version

May 30, 2013, 12:30 p.m.

overwritten

Show this version

Compare with previous version

March 26, 2013, 11:22 a.m.

overwritten

Show this version

Compare with previous version

March 26, 2013, 11:15 a.m.

overwritten

Show this version

First version

There are no comments to this deal yet.

Add a comment

(mandatory)
(mandatory)
(mandatory)

I've read and agree to the Data Policy.