Deal #4528
Morocco
Created at
2014-10-28
Last update
2022-11-24
Last full update
2022-11-24
Land area
Intended size
561 ha
Size under contract (leased or purchased area)
- [2011, current] 561 ha
Size in operation (production)
- [2016, current] 479 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
- [2011, current] Food crops (561 ha)
Comment on intention of investment
Production of fruits and olives
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2011, 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”.