Zambia, ZDA wants to set up a Mango processing factory, seeks investors

The Zambia Development Agency has invited the private sector to establish a modern mango processing project that falls under agro-processing subsector. ZDA says the mango processing plant once established in the country will produce an average of 30,000 tonnes of mango pulp and 5,000 tonnes of dried mango per annum. ZDA says the collection depots, with cold storage facilities will be constructed in all Provinces of Zambia and $5 million is required to operationalize the project. The Agency says private investors will be expected to meet the entire project costs and the venture is expected to be operational in 12 months. According to an Investment Project Proposal document, the Private Investors will be expected to meet the entire project costs of US$5 million. “GRZ, Zambia Development Agency (ZDA), Ministry of Trade Commerce and Industry (MCTI) and other Government Agencies will assist the Private Investors to establish the project, through various forms of interventions. The ...