Narok County government has signed a deal with Ambeet Sugar Holdings for the construction of a Sh1.5b sugar milling company.
This mill will feed on sugarcane produced in the 700,000 acres of land in the county that are suitable for cultivation of the cash crop.
The deal comes after an investors conference held in December. The move is expected to entice more farmers from the area to get into sugarcane farming in in the wheat and barley production basket. Further, the mill would create 150 new direct jobs.
Successful event
The deal was part of Sh54.7b worth investments, spanning across Agriculture, Education, Healthcare, Infrastructure, Energy and Tourism, confirmed during the two-day conference.
Sh28.35billion of the total value of deals signed went to agricultural projects.
Related posts:
- Green grams and groundnuts retailing highest across Kenyan markets Green grams or mung beans and in Kiswahili Ndengu. They are...
- Traders sell more from tomato influx Tomato trader in an open air market. The influx of tomatoes has eases the cost...
- Timber sellers contracting farmers to grow trees Timber companies in East Africa may from June start contracting farmers to grow trees to enable them meet the rising demand for the wood product.Farmers from Western and Rift Valley regions are expected to be the first beneficiaries of the project, which is at pilot stage.The move is expected to formalise commercial agro-forestry since the farmers will be sure of market after signing...
- Government directive increases sugarcane buying price by 10% By George Munene The minimum buying price of sugarcane has been reviewed from ShSh3, 700...
- Nyandarua vegetable growers get a better deal through group farming By George Munene At the beginning of the year, over 60 farmers with around 100...
- Nairobi buyer sourcing for 100kg weekly of passion fruit and okra farmers By George Munene A Nairobi buyer, is sourcing for purple passion fruit farmers to fill...