Deal #4467

Location #1

Spatial accuracy level
Administrative region
Location
Kouassi-Prikro I, Côte d'Ivoire

Target country
Côte d'Ivoire

Land area

Intended size (in ha)
5000
Size under contract (leased or purchased area, in ha)
[2013] 5000
Comment on land area
Investment of 50 million Euro

Intention of investment

Intention of the investment
Food crops, Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2013] Concluded (Contract signed)
Comment on negotiation status
The inauguration took place on September 14, 2013 in the presence of the Minister of Agriculture of Ivory Coast, Mr. Coulibaly Mamadou Sangafowa.

Implementation status

Implementation status
[2014] Project not started

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Not on leased / purchased area (out-grower, in ha)
8000

Operating company

 

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Data source #1

Data source type
Company sources
File
Comment on data source
Siat Group website

Promised benefits for local communities

Promised benefits for local communities
Other
Comment on promised benefits for local communities
Food: The project also entails a rice planting program for the benefit of the local community

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)

Former land use

Former land use
Commercial (large-scale) agriculture
Comment on former land use
Sugar plantation abandoned in 1984

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Rice, Rubber tree

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
The company is planning to build a processing plant

March 18, 2016, 1:13 p.m.

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Oct. 17, 2014, 5:18 p.m.

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Sept. 22, 2014, 6:25 p.m.

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