Deal #5926

Location #1

Spatial accuracy level
Administrative region
Location
Thika, Kenya

Target country
Kenya

Land area

Size under contract (leased or purchased area, in ha)
9000
Comment on land area
13,500-acre another source states 14500ha

Intention of investment

Intention of the investment
Food crops

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
lease expired in 2015.

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)

Contract farming

Contract farming
No

Contract #1

Duration of the agreement (in years)
99

Number of total jobs created

Jobs created (total)
Yes
Current number of jobs (total)
6000

Operating company

Comment on investment chain
previously known as Kenya Canners, which formed in 1948. In 2002, Cirio Alimentare SpA acquired a 98% stake in the company, and following this the company changed its name to Cirio Del Monte Kenya Limited

 

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Data source #1

Data source type
Media report
File
Date
2012-02-07
Comment on data source
Del Monte backs down in Sh109m Kakuzi land case

Data source #2

Data source type
Media report
File
Date
2015-09-21
Comment on data source
Del Monte Kenya in land dispute

Data source #3

Data source type
Company sources
File

Detailed crop, animal and mineral information

Crops area
Pineapple, Tea

Use of produce

Has domestic use
Yes
Has export
Yes

In country processing of produce

In country processing of produce
Yes

Jan. 26, 2018, 12:29 p.m.

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