There are many considerations for building a palm oil factory in Côte d'Ivoire. 

Raw material supply: Côte d'Ivoire is the fifth largest palm oil producer in the world, the second largest palm oil producer in Africa, and the largest palm oil exporter in Africa. The palm oil harvest area in 2022/23 is 300,000 hectares and the palm oil production is 600,000 tons. There are abundant palm fruit resources, which can provide stable raw materials for palm oil mills.

Market demand: From a domestic perspective, Côte d'Ivoire has a certain local consumption demand for palm oil, which can be used in food processing and other fields. From an international perspective, as the largest palm oil exporter in Africa, it can use its trade advantages to export products to Europe, Asia and other regions to meet the continued demand for palm oil in the global market.

Infrastructure: Abidjan, the economic capital of Côte d'Ivoire, is the maritime artery on the west coast of Africa and the trade center, financial center and aviation hub city of the entire West Africa. Convenient transportation conditions are conducive to the transportation of raw materials and product exports of palm oil mills.

Policies and regulations

Investment policy: According to the new Investment Law of 2018, the palm oil industry belongs to Category I industries that can enjoy incentive policies, namely agriculture and agro-industry. Under the investment declaration tax reduction and exemption system, investors who declare investment activities and obtain certification can enjoy tax reduction and exemption policies during the business stage. Under the investment licensing tax exemption system, new companies that meet the conditions are exempt from customs duties, value-added tax, etc. during the establishment stage.

Environmental protection policy: Cote d'Ivoire has relevant environmental protection regulations. The construction and operation of palm oil mills must ensure that wastewater, waste gas, waste residue, etc. are discharged up to standards to protect the local ecological environment.

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