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Deal #3271 Version #59779

Côte d'Ivoire
Created at
2013-03-01
Last update
2014-10-17
Last full update
2022-08-25

Land area

Intended size
13 700 ha
Size under contract (leased or purchased area)
  • [2007, current] 7700.0 ha
Size in operation (production)
  • [2012, current] 5500.0 ha
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 investment
  • [current] Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

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

Implementation status

Implementation status
  • [2007, current] 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 (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 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.