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ARAB COUNTRIES – Ivorian company to open cocoa factory in Oman

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MUSCAT, Oman — CKG Holding, an Abidjan, Ivory Coast-based company, plans to open a cocoa factory in Oman in 2015, international media report.

The project, named Chocolatry of Oman, is a joint venture of an Omani partner and CKG, leading business news agency Bloomberg said on Thursday quoting CKG chairman Charles Kader Goore.

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The $150 million factory will be open in Salalah, in the Dhofar region. It will have capacity to process 50,000 metric tons of cocoa beans a year.

“This project will enable us to supply the markets of Saudi Arabia, the United Arab Emirates and the entire region where there is a big potential,” said Goore.

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The cocoa beans used will come from Ivory Coast and Ghana, the world’s largest growers, he said. CKG already operates SN Chocodi, the Abidjan-based processing plant bought from Barry Callebaut AG (BARN) in 2008.

Source: [via]

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