Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4528

Deal #4528 Version #68164

Morocco
Created at
2014-10-28
Last update
2020-06-05
Last full update
2022-11-24

Land area

Intended size
561 ha
Size under contract (leased or purchased area)
  • [2011, current] 561.0 ha
Size in operation (production)
  • [2016, current] 479.0 ha
Comment on land area
293ha on Cadillac farms, 246ha of which are planted with olive trees Al Kieyah farm covers 268 Hectares divided into 162 Hectare where different types of olive trees are grown, 53 Hectares of pomegranate trees and 18 Hectares of different fruit trees

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2014, current] In operation (production)
Comment on implementation status
The company is currently planting about 936,000 olive trees

Contract farming

Contract farming
No
Comment on contract farming
In 2020 the company obtained funding that will partly be used to leverage its existing olive farms in the Fez-Meknes region and aggregate other olive farmers in the region to start producing olive oil, targeting local and export markets under the brand name “Oliva”.