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Deal #3271 Version #87107

Côte d'Ivoire

Created at

2013-03-01

Last update

2022-06-10

Last full update

2022-08-25

Land area

Intended size

13 700 ha

Size under contract (leased or purchased area)

[2007, current] 7700 ha

Size in operation (production)

[2012, current] 5500 ha

Comment on land area

Anohter source states "A Nucleus estate of 5,300 ha planted of which 930 ha is immature". Plans to increase 5000ha plantation and 1000ha outgrowers annually.

Intention of investment

[2007, current] Non-food agricultural commodities (7700 ha)

Comment on intention of investment

Production of rubber

Nature of the deal

Lease

Negotiation status

[2007, current] Concluded (Contract signed)

Comment on negotiation status

20 million francs invested in 2007.

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

Yes

Not on leased / purchased (out-grower)

Yes

Not on leased area/farmers/households (out-grower)

[current] 13500 ha 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.