Italy’s Fie-el Green acquires oil palm rights to 98,000 acres in the Republic of Congo

In the Congo, Fri-el Green, an Italian biodiesel development company, signed a 30 year agreement with the Congo national government to cultivate oil palm on 98,000 acres on lands owned by Sangha Palm and Congo National Palm Plantations Authority. Fri-el is one of a number of companies vying for up to 4.32 million acres on Republic of Congo lands that will be available for oil palm plantations. 17 million acres of ROC land is arable but not farmed.

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