Facts on Olam Palm Gabon
| Quick Facts | |
|---|---|
| Business activities: |
RSPO compliant palm cultivation and milling |
| JV partners: |
Olam: 60% Republic of Gabon: 40% |
| Land bank: |
300,000 ha |
| Phase 1 development: |
50,000 ha by 2017 |
| Planted area: |
31,500 ha |
| Location and acreage: |
Awala: 6,802 ha (planted, sold and leased back 6,502 ha) Mouila: 43,000 ha |
| Expected FFB yield: |
Up to 24 MT/ha |
| Expected CPO yield: |
5.2 MT/ha |
| Phase 1 capex: |
US$500 million |
| Employee strength: |
5,200 against target of 6,500 by 2020 |
| Sustainability milestone: |
First RSPO certification by July 2016 |
