Please note: you are viewing an old version of this deal. The current version can be found here: Deal #3771

Deal #3771 Version #63515

Ghana

Created at

2013-05-31

Last update

2016-05-20

Land area

Intended size

21 000 ha

Size under contract (leased or purchased area)

[current] 14000.0 ha

Size in operation (production)

[2013, current] 8000.0 ha

Comment on land area

Another source states 14153 ha

Intention of investment

[current] Non-food agricultural commodities, Agriculture unspecified

Nature of the deal

Lease

Negotiation status

[current] Concluded (Contract signed)

Comment on negotiation status

Okumaning Estate was acquired in 1991

Implementation status

[1995, current] In operation (production)

Comment on implementation status

Plantation started in 1975 as state-owned operation

Contract farming

Yes

Not on leased / purchased (out-grower)

Yes

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

[current] 13700.0 ha

Comment on contract farming

provides financial (soft loan to be repaid after 7 years) and technical support to 7,000 farmers, who cultivate a total of 13,700 hectares of oil palm.