Deal #3271

Côte d'Ivoire
Created at
2013-03-01
Last update
2022-08-25
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] 5500 ha
  • [current] 5329 ha
Comment on land area
Another source states "A nucleus estate of 5,300 ha planted of which 930 ha is immature". Sustainability dashboard shows the contract area is 7742ha in one tab and 700ha in another (https://siat-group.maps.arcgis.com/apps/dashboards/ea089b1f14d84968871ad435f7da22a8).

Intention of investment

Intention of investment
  • [2007, current] Non-food agricultural commodities (7267 ha)
  • [2007, current] Conservation (433 ha)
Comment on intention of investment
Production of rubber, 4233ha set aside for conservation.

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. CDC acquired the company from the government of Cote d'Ivoire in the early 1980s. It seems as if the plantation was not operational. CDC sold the company to SIAT in 2007.

Implementation status

Implementation status
  • [2007] In operation (production)
  • [2022, current] In operation (production)
Comment on implementation status
Still in operation in 2022.

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 13500 ha 1200
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. Another source mentions 8000 farmers.