A mission representing the European Development Fund is spending a week in the Ivory Coast examining development projects in the country.
GV PAN Palm nuts unloaded in palm grove
GV Delegation out of bus & looks at palm grove (3 shots)
SV Palm nuts loaded onto lorry
GVs Delegates inspect palm nuts (2 shots)
GV PAN Processing plant with European flags
GVs Delegation watch plant in operation as trucks unload palm nuts & conveyor takes them into factory (2 shots)
Initials BJB/1745 BJB/1753
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Background: A mission representing the European Development Fund is spending a week in the Ivory Coast examining development projects in the country.
On Friday (23 May), the mission spent a day touring palm groves and an oil-processing plant at Eloka, 30 kilometres (18 1/2 miles) east of the capital, Abidjan.
The Eloka palm oil complex is one of the 75 projects in the country being financed by the Fund. Over the past 14 years such finance has come to total 40,000 million CFA (80 million pounds sterling).
The Eloka operation is handled by a local company called Sodepalm. It was established in 1963 as part of the country's drive to diversify its economic infrastructure. Before 1963 the Ivory Coast's palm oil production was destined entirely for local consumption. Now, the Ivory Coast ranks fourth in the world as an exporter of palm oil after Malaysia, Indonesia and Zaire. It exports 40,000 tons of palm oil a year. By 1980, the Ivory Coast plans to expand palm oil production to allow exports of over 40,000 tons a year -- this would make the country Africa's largest exporter and the world's second largest.
The Fund's mission is due to leave the Ivory Coast on Thursday (29 May) for the Central African Republic for a similar fact-finding tour of projects financed by the Fund.