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Olam enters into 50:50 JV with Mondelez International to create world's largest sustainable commercial cocoa farm

Felicia Tan
Felicia Tan • 4 min read
Olam enters into 50:50 JV with Mondelez International to create world's largest sustainable commercial cocoa farm
The partnership seeks to create some 700 jobs for local residents in the area.
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Photo: Olam

Olam Food Ingredients (OFI) has announced that it is entering into a 50:50 joint venture (JV) with global leading chocolate maker, Mondelez International, to create the world’s single largest sustainable commercial cocoa farm.

The model, according to the statement, will restore environmental productivity, improve farmer livelihoods and empower local communities in Indonesia.

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