Nestl é spends $400m on Ivory Coast (C ô te d'Ivoire) to build coffee planting base

Nestl é Nestl é has invested in a coffee and cocoa planting base in Ivory Coast C ô te d'Ivoire (Africa), as well as a supporting training centre, covering a total area of 30 hectares.

Nestl é says coffee tree farms will provide 27 million coffee plants by 2020, which will help rebuild the coffee market in the West African country. Ivory Coast C ô te d'Ivoire was the world's third-largest coffee producer around 1970, but the coffee industry was hit hard by poor infrastructure and civil war. According to the latest International Coffee Organization, Ivory Coast produced only 1 million bags of coffee during the harvest season this year, compared with more than 6 million during the 1999-2000 harvest season.

The new planting base is located 18 kilometers from the village of Zambakro in Yamoussoukro, the capital of C ô te d'Ivoire. Nestle said that the planting base will create more than 20 jobs, while the planting base will also set up a pilot base to study other crops, such as cocoa trees (Ivory Coast is the world's largest producer), millet grains, sorghum and corn.