palm oil project for sunflower oil producion undertaker in uganda

                                               
                                               
                                               
                                               
                                               
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  • Who is developing palm oil plantations in Uganda?
  • Wilmar International, one of the largest oilseeds corporations in the world is developing palm oil plantations in biodiverse islands off the coast of Lake Victoria, Uganda. The project is a partnership of Wilmar with the Government of Uganda, the International Fund for Agricultural Development (IFAD) and Kenyan oilseeds company Bidco.
  • Why is Uganda interested in palm oil?
  • The Government of Uganda¡¯s interest in the development of palm oil partly originates from the Comprehensive African Agriculture Development Programme (CAADP), and the government¡¯s Vision 2040, National Development Plans, the National Agriculture Policy (NAP), and the Agriculture Sector Strategic Plan (ASSP).
  • How much money did oil palm farmers make in Uganda?
  • Of this, US$70.38 million was from Oil Palm Uganda Limited (OPUL), US$52 million was a loan from IFAD, a GoU contribution of US$14.14 million, US$5.48 million from Kalangala Oil Palm Growers Trust (KOPGT), farmers¡¯ contribution estimated at US$3.89 million, and US$0.285 million from SNV (the Netherlands Development Organization).
  • Where is oil palm grown in Uganda?
  • The best area for cultivation of oil palm in Uganda was found to be the Lake Victoria islands, notably the Ssese Islands (IFAD, 1997). Since 1998, the Government of Uganda has invested in domestic production and processing of vegetable oils to meet the increasing national demand.
  • Who owns the oil palm project in Bugala Island?
  • The project in Bugala Island in the Kalangala area is carried out by Oil Palm Uganda Limited (OPUL). OPUL is a subsidiary of Bidco Uganda, which holds 90% of its shares. Bidco Uganda is a joint venture formed between Wilmar International, Josovina Commodities and Bidco Oil Refineries, a Kenya-based company.
  • Is palm oil investment in Kalangala sustainable?
  • In a recent VODP supervision report (IFAD, 2018), palm oil investment in Kalangala is considered to have been carried out in an environmentally sustainable way, and that the project has adopted a high standard of environmental norms that minimizes environment impacts.