Cameroon: 1,235 acres already prepped for PAMOL palm tree plantations in the Bakassi Peninsula

Agriculture

Cameroon: 1,235 acres already prepped for PAMOL palm tree plantations in the Bakassi Peninsula

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- Saturday, 22 February 2014 00:42

(Business in Cameroon) - In a press release, the PAMOL Company, a palm oil enterprise, announced that it has already prepped 1,235 acres for the expansion of its plantations in the Bakassi Peninsula in the South-East region of Cameroon.

This expansion programme, whose implementation in the Bakassi Peninsula has been contested by Nigeria for years, is an essential component of the “contract plan” signed between Cameroon and PAMOL to improve the agro-industrial company.

This “contract plan”, which is worth a total of 14.3 billion FCfa, stated a source at PAMOL, will include the construction of a soap factory, the purchase of fertiliser, the restoration of current plantations and the creation of new ones.

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