Deal #5903

Location #1

Spatial accuracy level
Administrative region
Location
Dimako, Cameroon

Target country
Cameroon

Location #2

Spatial accuracy level
Administrative region
Location
Kadei, Cameroon

Target country
Cameroon
Comment on location
Nguélébok commune in Kadéy

Land area

Intended size (in ha)
12000
Size under contract (leased or purchased area, in ha)
100
Size in operation (production, in ha)
100

Intention of investment

Intention of the investment
Biofuels, Food crops, Renewable Energy
Comment on intention of investment
corn and soyabeans as preparatory activities for the establishment of a sugar complex

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2017] Concluded (Contract signed)

Implementation status

Implementation status
[2017] In operation (production)

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
3500
Current number of employees (total)
[2017] 8
Current number of daily/seasonal workers (total)
[2017] 100

Operating company

Comment on investment chain
joint venture between Cameroonian, Brazilian and Italian (technical assistance through Ferrero SPA) investors

 

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Data source #1

Data source type
Media report
File
Date
2017-10-04
Comment on data source
Après l’échec de Justin Sugar Mills, un nouveau projet sucrier est en gestation dans l’Est du Cameroun

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2017-11-10
Comment on data source
CAMEROON: Orient's Sugar and Industry to invest US$95.3 million in new mill

Data source #4

Data source type
Media report
File
Date
2017-10-04
Comment on data source
Industrie sucrière: 53 milliards de FCFA pour installer une usine à l’Est du Cameroun

Detailed crop, animal and mineral information

Crops area
Corn (Maize), Soya Beans, Sugar Cane

Use of produce

Has domestic use
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
XAF53 bln investment

Jan. 23, 2018, 8:50 a.m.

overwritten

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Jan. 22, 2018, 3:20 p.m.

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