Deal #5056

Location #1

Spatial accuracy level
Administrative region
Location
Abidjan, Côte d'Ivoire

Target country
Côte d'Ivoire
Comment on location
plantations and processing plant are located at Anguédedou, some 26 km west of Abidjan.

Land area

Intended size (in ha)
1560
Size under contract (leased or purchased area, in ha)
[1995] 1560

Intention of investment

Intention of the investment
Non-food agricultural commodities

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[1995] Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes

Number of domestic jobs created

Jobs created (domestic)
Yes

Operating company

Comment on investment chain
Originally was African Society for the Promotion and hevea 'rubber industrialization (SAPHIC) (48%) from Côte d’Ivoire, GMG Investment (Pte) Ltd (32%) and the Government of Côte d’Ivoire (20%). The government sold its shares in the project in 2013.

 

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Data source #1

Data source type
Company sources
File
Comment on data source
BUILDING SOLID FOUNDATIONS. Annual Report 2013.

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File
Comment on data source
Company facebook page

Data source #4

Data source type
Media report
File
Comment on data source
International Finance Corporation. Summary of Project Information (SPI)

Data source #5

Data source type
Media report
File
Comment on data source
Bloomberg Business- Company Overview of Tropical Rubber Cote Divoire

Data source #6

Data source type
Media report
File
Date
2015-11-18
Comment on data source
Côte d'Ivoire: Conflit entre Planteurs et Saphic, Kablan Duncan visé

Data source #7

Data source type
Media report
File
Date
2015-09-03
Comment on data source
Côte d’Ivoire Agboville – Trois braqueurs à la Kalachnikov sous les verrous

Data source #8

Data source type
Research Paper / Policy Report
File
Date
2014-04-14
Comment on data source
Ecobank- Côte d’Ivoire : NR continues rapid expansion

Data source #9

Data source type
Company sources
File
Comment on data source
Sustainable Strategies FOR GREATER GROWTH. Annual Report 2014.

Data source #10

Data source type
Media report
File
Date
2013-12-13
Comment on data source
Reuters- UPDATE 1-Ivory Coast to privatise 15 companies including banks, telecom

Promised benefits for local communities

Promised benefits for local communities
Health
Education
Other
Comment on promised benefits for local communities
Students of the Debrimou Village Primary School and College Notre Dame of Dabou received gifts in 2013 from the investor.

Former land owner (not by constitution)

Former land owner
State
Comment on former land owner
Developed by the Ivorian Government more than 30 years ago

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Rubber tree

Use of produce

Has export
Yes
Export
100

In country processing of produce

In country processing of produce
Yes

May 24, 2016, 5:43 p.m.

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