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PALM OIL V

Sector: Fertilizers • Location: Cote d'Ivoire

Source: World Bank Group

Project
Closed

The Fifth Oil Palm Development Project will (i) help the Ivory Coast meet an increasing demand for fats and edible oils through both replacement of existing aging oil palm plantings and development of new plantings in selected areas; (ii) further diversify and strengthen the Ivory Coast agricultural sector through investment in a crop with substantial comparative advantages and good long-term grow

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Project Information

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The project “PALM OIL V” is an infrastructure initiative in the Fertilizers sector, located in Cote d'Ivoire. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The Fifth Oil Palm Development Project will (i) help the Ivory Coast meet an increasing demand for fats and edible oils through both replacement of existing aging oil palm plantings and development of new plantings in selected areas; (ii) further diversify and strengthen the Ivory Coast agricultural sector through investment in a crop with substantial comparative advantages and good long-term growth prospects; (iii) assist in maintenance of a tree cover in an area where the forest cover is being depleted rapidly. The project will consist of the following components: (a) establishment of 11,600 ha of new PALMINDUSTRIE industrial oil palm plantations and replanting of about 15,000 ha of aging plantations; (b) development of smallholder oil palm plantings through expansion and replanting of existing areas by about 29,100 ha and new planting of 6,900 ha; (c) establishment of a pilot scheme of 2,100 ha medium-sized private oil palm plantations; (d) construction of two oil mills for PALMINDUSTRIE with eventual capacities each of 40 tons FFB/hour; (e) a study of effluent treatment systems and installation of an effluent treatment prototype system at an existing PALMINDUSTRIE oil mill and an effluent prototype digestor at Ehania; (f) support of accompanying research; (g) technical assistance to PALMINDUSTRIE.

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High

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100%

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