Deal #7018

Ghana
Created at
2019-05-23
Last update
2020-07-20
Last full update
2020-07-20

Land area

Size under contract (leased or purchased area)
  • [current] 0.0 ha
Size in operation (production)
  • [current] 0.0 ha

Intention of investment

Intention of investment
  • [current] Agriculture unspecified

Nature of the deal

Nature of the deal
Pure contract farming

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)

Contract farming

Contract farming
Yes
Not on leased / purchased (out-grower)
Yes
Not on leased area/farmers/households (out-grower)
  • [current] 20629.0 ha
Comment on contract farming
The program has produced 1,240,000 oil palm seedlings and the development of 20,629 hectares of oil palm plantations and direct registration of 2,478 individuals’ farmers. Richie Plantations plan to perform its part of the contract through purchasing Palm fruit Bunches from various Oil palm farmers in the area and beyond