Deal #7029
Morocco
Created at
2019-05-30
Last update
2024-10-15
Last full update
2024-10-15
Land area
Intended size
1 500 ha
Size in operation (production)
- [current] 1256 ha
Comment on land area
Size under contract is unknown. Six project Farms which are: Kenitra 1 farm (105ha), Kenitra 2 Farm (203ha), Fes Farm (91ha), Sefrou Farm (234ha), Beni-Mellal Farm (170ha), Marrakech Farm (453ha). growing different fruits in each Farm.
Kenitra 1, 105ha producing berries
Kenitra 2, 203ha producing berries
Sefrou, 234ha producing pears and plums
Fes, 91ha producing plums, abricot, preachs and nectarine
Beni-Mellal, 170ha producing pomegranate and persimmon
Marrakech, 453ha producing grape, almond and citrus.
Intention of investment
Intention of investment
- [current] Food crops
Comment on intention of investment
In the near future the company plans to grow stone fruits, persimmons and pomegranates in Morocco, as well as introduce new products such as melons; cantaloupes, honeydew, sweet melon pineapples & seedless water melon along with lettuces and herbs. growing different fruits in each Farm.
Carbon offset project
Carbon offset project
No
Negotiation status
Negotiation status
- [current] Concluded (Contract signed)
Comment on negotiation status
Company was established in 2015. It is not clear when the contracts were signed.
Implementation status
Implementation status
- [current] In operation (production)
Contract farming
Contract farming
No