Olam Insights

    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

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