President Edgar Lungu on Tuesday commissioned a US$30 million hatchery and stock feed mill in Mpongwe, Copperbelt.
Lungu said Zambeef’s investment bolstered government’s diversification agenda.
“This investment will ensure food security for the nation and aligns with our goal of making agriculture the driver of economic activity,” he said.
Zambeef Chairman Jacob Mwanza said the plant provided forward and backward value chain linkages that will have a positive impact on the economy.
“This opens up opportunities for participation in both primary and secondary production, as well as retailing and distribution of products,” Mwanza said.
The hatchery is expected to produce 1.2 million chicks per month, while 2 500 tons of maize and 1 500 tons of soya bean per month will be needed as raw material for the stockfeed plant. Mwanza said production will of local and export markets.
- Please mail any news leads to email@example.com.