Madagascar

Madagascar
The Republic of Madagascar

Economic Development Board of Madagscar
Tel : (+261) 2022 67040 | Fax : (+261) 2022 66105
www.edbm.gov.mg | edbm@edbm.mg

Reforestation with Camphor trees; Extraction and export of Camphor Essential Oil; Production of Rice

Company’s Nature of Business Extraction of Camphor Essential Oil and Production of Rice
Market Essential Oil : Export
Rice : Local
MEGASEEDS, Inc. intends to be the first social enterprise in Madagascar to combine industrial and agricultural operations for a synergy that works in a sustainable way. MEGASEEDS’ products will significantly increase wealth and dignity for all stakeholders with added value creation, reduce pressure on Madagascar’s forests and other highly valued ecosystems, provide healthy and organic food for the current generation and those that will follow.
The Project developer is a Malagasy TED Fellow and the project originated a few days after the TED Global Conference in Arusha, Tanzania in 2007.
The Project consists in the implementation of an Agricultural “FRANCHISE” for small-scale farmers through the cultivation of Camphor trees for its essential Oil extraction and Export and also the cultivation of rice for local market.
Project Number MGA-044
Project Intention Start-up
Company’s Input
  • Access to natural resources; Access to a niche of International Aromatic and Medicinal Plant markets
  • Favorable locations
  • SRI technology for the rice plantation
Type of Cooperation Sought Financial, Technical, Commercial
Anticipated Partners’ Input
  • Financial partner: USD 733,493
  • Technical partner: purchase of agriculture machinery and equipments
  • Commercial partner: new export market
Contact Economic Development Board of Madagascar

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