Amatheon Agric Zambia operating in Chief Kaindu’s area in Mumbwa district, says it plans to double investment in Zambia at a cost of One hundred and twenty million United States dollars.
Amatheon Agri Zambia Managing Director Troy Minne said the commercial farm has currently invested sixty million United States dollars in the agriculture sector.
Mr. Minne revealed that the investment was injected in wheat, maize, soya beans, animal husbandry and an out-grower scheme since inception five years ago in 2011.
Mr. Minne disclosed this when State House Special Assistant to the President for Policy, Projects and Monitoring, Lucky Mulusa inspected and toured the farm.
He further disclosed that additional ten million United States dollars would be invested to construct 10.2-thousand cubic litre dams for irrigational purposes.
Mr. Minne commended government for the good fiscal economic policies set in the agricultural sector.
He stated that the farm sitting on five thousand hectares piece of land is committed to uplifting people’s lives in communities, empowering them economically and socially besides adhering to the country’s labour laws and environmental effects.
Amatheon -Agri is a European agri-business and food company headquartered in Berlin, German and operating in Sub-Saharan Africa among them Uganda and Zambia.
Hazalusa Hagain and his supporters are jealous! Point where we are working.
Zambians can grow all these crops on their own without having to bring foreigners to do their work! As a developing country, it is our own task to do so! We must educate our kids to take charge of this country and its resources instead of the current shot-cuts to a brickwall since Zambians own nothing in real sense due to having an ignorant leadership in office
Do it kaili..! Don’t just talk, ba Bwalya wesu…
Passing the buck to your kids. Do it. If you can’t let foreigners do it weee.
Kikikikiki every country needs a mixture of foreign and local investors
….5,000 hectors wow, Zambia is indeed for a big shock. Kaya if my grand children will ever have their own land to settle on in the future