GOPDC

completed

Ghana Oil Palm Development Company Limited (GOPDC) was established by the Government of Ghana (GoG) in 1975 and is today a leading oil palm plantation and processing company in Ghana. GOPDC produces Crude Palm Oil (CPO) and Crude Palm Kernel Oil (CPKO) mainly for the domestic market.The land status of GOPDC as of the end of March 2007 is a Kwae Nucleus estate of 3,670.38 ha, a smallholder project of 540.3 ha, a nucleus estate of 1,886.3 ha at Okumaning (with an additional 1,640.5 ha under plans for development as a nucleus estate) and approximately 13, 887.6 ha in out-grower plantations. The processing facilities include a 60 tonne of fresh fruit bunch/hour crude palm oil mill, a soon-to-be-opened 100 tonne/day vegetable oil refinery (expandable to 150 tonnes per day), a 100 tonne/day fractionation plant (to produce Olein and Stearin), and a boiler/turbine cogeneration plant capable of generating 2.5 megawatts of electricity. The physical plant additionally includes staff quarters, offices, workshops, fuel station, health center, wastewater treatment facilities, fuel tanks, and oil storage tanks.The proposed project would complement the company’s investment program, which started in 2003, and allow it to expand and optimize its operations through:- re-planting and planting of oil palm trees on its farms and newly acquired land; - expansion and upgrading of its infrastructure; - meeting additional working capital needs; and - refinancing an existing bank debt.