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Zambia Tomato Processing Project

Sector: Consumer Products • Location: Monze, Zambia

Source: United Nations Industrial Development Organization (UNIDO)

Project

The Zambia Tomato Processing Project involves the establishment of a new modern tomato processing plant in Monze, in the Southern Province, and collection depots nationwide. The Project is open for FDI through a majority stake. The project will take advantage of the excess supply of tomatoes in Zambia to produce high quality tomato paste for the local, regional and international markets. The gover

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The project “Zambia Tomato Processing Project” is an infrastructure initiative in the Consumer Products sector, located in Monze, Zambia. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Description

Description

The Zambia Tomato Processing Project involves the establishment of a new modern tomato processing plant in Monze, in the Southern Province, and collection depots nationwide. The Project is open for FDI through a majority stake. The project will take advantage of the excess supply of tomatoes in Zambia to produce high quality tomato paste for the local, regional and international markets. The government of Zambia will allocate 10 acres of land in Monze, under a state lease for the establishment of the processing plant. In addition, the government will also facilitate the allocation of land in strategic sites nationwide for setting up of tomato collection depots. The Private Investor(s) will be expected to meet the cost of construction, acquisition and installations of the processing plant and all other project development costs. The total estimated cost for operationalizing the project is US$5 million. The Private investors (s) will therefore be required to inject cash equity of US$5 million in order to operationalize the project

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High

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