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Deal #3746 Version #63284

Côte d'Ivoire

Created at

2013-05-29

Last update

2016-09-21

Last full update

2016-09-21

Land area

Intended size

34 424 ha

Size under contract (leased or purchased area)

[1969] 34424.0 ha
[1995, current] 34712.0 ha

Size in operation (production)

[2010] 15931.0 ha
[2014, current] 23908.0 ha

Comment on land area

16437ha rubber, 7471 ha of oil palm

Intention of investment

[current] Non-food agricultural commodities, Agriculture unspecified

Nature of the deal

Lease

Negotiation status

[1995, current] Concluded (Contract signed)

Implementation status

[1979, current] In operation (production)

Leasing fees

Annual leasing fee

300

CFA Franc BCEAO

per ha

Comment on leasing fee

300 FCFA/hectare

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

Comment on contract farming

SoGB is also involved in the production and purchase from local farmers who run village rubber tree plantations. Typically, a development bank* will finance the village plantations’ start up costs with the help of SoGB. Once they begin producing rubber, SoGB buys all the rubber, enabling the village farmers to have a substantial, constant revenue all year and to repay the development loans. An oil palm tree smallholders’ programme will be initiated. * The development banks involved in this scheme are AFD (Agence Française de Développement), FISDES (Fonds Ivoiro-Suisse de Développement Economique et Social) and DEG (Deutsche Investions Und Entwicklungsgesellschaft). Smallholder produce over 50% of the rubber.