A Japanese firm, Kagome Company Limited has expressed interest to explore the possibility of investing in Zambia’s agro-processing sector.
Kagome Company Limited Manager for Planning and Management Division, Yasutaka Ohashi says his firm is one of the biggest food processing companies in Japan with an export market in Europe, America, Asia and Africa.
“Our company is engaged in all the lines of production from farming to agro-processing. We also provide farming support services with technical guidance and agricultural machines. Kagome is also involved in the production and sale of seedlings,” said Mr. Ohashi.
He added, “my company is aware and appreciates Zambia’s political stability and safety, water resource, suitable climate, and alienable land good for agriculture investment.”
He said this during a meeting he held with Foreign Affairs Permanent Secretary for International Relations and Cooperation, Chalwe Lombe in Tokyo, Japan.
And Mr. Lombe said government will give Kagome Company Limited all the necessary support.
He assured the company that Zambia has favorable investment policies for agriculture that will enable the firm realise its benefits and return on investment.
Meanwhile Zambia’s Ambassador to Zambia, Ndiyoi Mutiti encouraged the company to seriously consider investing in Zambia because the country has a lot of agro-produce which the firm will be able to process and supply within the country and abroad.
Ambassador Mutiti said most agro-products in Zambia are consumed as fresh fruits and vegetables hence the need to process them in order to avoid wastage.
This is contained in a statement released to ZANIS in Lusaka by First Secretary for Press at the Zambian embassy in Tokyo, Japan, Yotamu Mugara.