In Abidjan on Saturday (4 June) several government officials attended the official opening of a new 11,000-ton capacity palm-oil storage station.
In Abidjan on Saturday (4 June) several government officials attended the official opening of a new 11,000-ton capacity palm-oil storage station. The station is part of the giant Sodepalm-Palmivoire corporation, which operates nine processing palm-oil processing plants throughout the Ivory Coast. Before the opening of this new facility, the Ivory Coast had to export much of the palm-oil for processing elsewhere.
The Ivory Coast is Africa's leading producer of palm-oil, with over 300,000 metric tons of the oil and related products produced each year. Over 150,000 acres are under palm cultivation by the Sodepalm-Palmivoire corporation. Total investment in the industry exceeds 36.5 million pounds sterling, with much of it coming from the World Bank and the European Common Market.
Among the official guests at Saturday's ceremony were Ivorian Minister of State Auguste Denise and French Ambassador Jacques Raphael-Leygues. Ivorian Minister of Agriculture Abdoulaye Sawadogo addressed the gathering, preceding the official opening.
SYNOPSIS: This new palm-oil storage plant, opened in a suburb of Abidjan on Saturday, enables Ivory Coast to now process and store the oil for export.
Arriving for the official opening ceremony was Ivorian Minister of State, Auguste Denise. The large audience on hand for the event included France's Ambassador to the Ivory Coast, Jacques Raphael-Leygues.
Ivorian Minister of Agriculture Abdoulaye Sawadogo spoke to the gathering about the implications of the opening of the new facility. The event, he said, marks the change over from Ivory Coast's role as an importer to that of an exporter of palm oil. Mr. Sawadogo said this was accomplished through the efficiency of the giant Sodepalm-Palmivoire corporation, which built the storage plant.
Minister of State, Mr. Denise, then proceeded with their ribbon-cutting ceremony. The facility, with a storage capacity of eleven-thousand metric tons, will store palm-oil from the interior of the Ivory Coast for export by sea.
In order to officially begin operation of the new plant, Mr. Denise pressed a button on a control box wired to the station. This new facility is part of the enormous palm-oil industry in the Ivory Coast. Investment in the industry exceeds thirty-six and a half million pounds sterling -- much of it coming from the World Bank and the European Common Market.