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Deal #3273 Version #59800

Côte d'Ivoire

Created at

2013-03-01

Last update

2016-02-08

Last full update

2016-06-22

Land area

Intended size

100 000 ha

Comment on land area

100 000ha to 200 000ha. One report states that the company may have land under direct management.

Intention of investment

[current] Food crops

Nature of the deal

Lease

Negotiation status

[2013, current] Intended (Under negotiation)

Comment on negotiation status

MoU signed in 2013

Implementation status

[2013] Project not started
[2014, current] Project abandoned

Comment on implementation status

The company is awaiting final government approval. Project was abandoned in June 2014, after waiting 18months to get the final approval. The company is now focusing on rice imports.

Contract farming

Yes

On leased / purchased

Yes

On leased area/farmers/households

[current] 100000.0 ha

Comment on contract farming

Possible increase to 200,000 ha and 50,000-60,000 outgrowers. The objective is to invest 60 million dollars between the group and the Ivorian state, for the irrigation of land and construction of a rice husking unit.