Salima to Own K3bn Juice Factory
Written by Jonas Kachikho Wednesday, 20 April 2011 12:03
The factory is expected to be fully operational by December 2012 with a total population of 400 locals employed in the first three years.
He was speaking on Tuesday at a District Executive Committee meeting where officials of the Malawi Mangoes briefed members on the development.
According to Malawi mangoes founder, Mr. Craig Hardie, the construction of the company’s processing factory is expected to start in May this year and it will be fully operational by the end of 2012.
Among other things, the company will be producing, processing and marketing fruit juices made from locally available fruits such as mangoes and bananas.
Mr. Hardie says the introduction of the company follows a baseline survey conducted in the lakeshore district which revealed that 85 percent of mangoes get rotten on the ground annually.
Speaking to Zodiak Onlinein an interview District Commissioner for Salima, Mr. Lusizi Nlhane, said the company will significantly boost the economy of both Salima district and the nation as a whole as it expects to employ about 400 locals in the first three years and at least 1, 860 people by the end of seven years.
He said will also help to diversify export goods and generate foreign exchange since it will be exporting fruit juices to other countries thereby promoting economic development of the country.
Apart from buying fruits from locals, the company has also purchased irrigable land for a banana farm to enhance production of the fruit.
The three billion kwacha investment has received support from European investors, the African Development Bank and local commercial banks. Zodiak Online
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