Deal #3944
Zambia
Created at
2013-07-25
Last update
2021-12-07
Last full update
2019-07-18
Land area
Intended size
20 000 ha
Size under contract (leased or purchased area)
- [2008, current] 20000.0 ha
Size in operation (production)
- [2015] 2800.0 ha
- [2019, current] 2900.0 ha
Comment on land area
The company aims to have 8000 hectares under production by 2017. Another source states 2612 hectares under production in 2015 and total size under contract is 20238 hectares. The 2019 Grain report claims the company ha 2900 hectares of land under oil palm plantations.
Intention of investment
Intention of investment
- [2008, current] Agriculture unspecified (20000.0 ha)
Comment on intention of investment
Crude Palm Oil
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2008, current] Concluded (Contract signed)
Comment on negotiation status
The total investment cost is estimated at US$41.5 million, of which Zambeef has spent US$20 million so far (2015).
Implementation status
Implementation status
- [2008] Startup phase (no production)
- [2009] Startup phase (no production)
- [2010] In operation (production)
- [2019, current] In operation (production)
Comment on implementation status
Nursery's were established in 2008/2009. Fist plantations in 2010.
Contract farming
Contract farming
Yes
On leased / purchased
Yes
On leased area/farmers/households
- [current] 5000.0 ha
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
- [current] 80.0 ha 1000
Comment on contract farming
The company had reserved a 5,000 hectares of land for an out-grower scheme, under which many farmers in Mpika would benefit by way of growing and supplying the palm oil seeds to ZamPalm for processing into edible oil and other by products. The company also has small outgrower schemes off the lease. Zampalm is also planning an outgrower scheme with the company providing seedlings. It has already given the nearby school 100 seedlings to plant.Over 2,000 small scale farmers in Senior Chief Kopa and Chief Kabinga will benefit from the Zampalm out grower scheme project during the 2018/2019 farming season.
In 2021, ZAMPALM, has expanded it’s crude palm oil production to meet the local demand. The firm has further increased it’s out grower scheme to 1,000 beneficiaries.