Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3272

Deal #3272 Version #59786

Côte d'Ivoire

Created at

2013-03-01

Last update

2014-10-31

Last full update

2024-02-27

Land area

Intended size

29 000 ha

Size under contract (leased or purchased area)

[2009, current] 5000.0 ha

Size in operation (production)

[2013, current] 1886.0 ha

Comment on land area

Expansion of 24,000ha near Guitry still needs to be signed, however a provisional agreement for these lands has been signed between Dekel Oil and Ivoire Agro Development (IAD). IAD claims to have control over the land from agreements established between the communities and the company. However, the communities deny giving their land rights to Dekel Oil and deny having a contract in place with IAD.

Intention of investment

[current] Agriculture unspecified

Nature of the deal

Lease

Negotiation status

[2009, current] Concluded (Contract signed)

Implementation status

[2013, current] In operation (production)

Leasing fees

Comment on leasing fee

The government has granted a 13 year tax exemption on profits from the palm oil mill.

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

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

[current] 27000.0 ha

Comment on contract farming

In the area of Ayenouan, contract farmers get paid to a percentage of the net profits derived from the palm oil produced from their land.