GIL injects more investment into agriculture

GIL injects more investment into agriculture

Global Industries Limited (GIL) manufacturers and sellers of edible oils, fats, and soaps have invested US$90 million for a new soya bean seed crushing plant in Ndola.

Malolan Sampath, GIL chief executive officer said the plant, able to crush 800 metric tonnes of the soya bean seed per day, is one of the largest in Africa.

The development comes as part of the company’s efforts to help government diversify the economy to agriculture.

 “Currently, we have employed about 400 people in the refinery, soap and packaging divisions.

On the new crushing plant when it is fully operational we will employ another 250 people,” said Sampath adding the plant is completely computerised applying high quality technology.

Meanwhile government has promised to continue supporting the private sector investing in agriculture.

Previous Mozambique increase cashew nuts produce
Next Private sector financed farm in the pipeline for Copperbelt

About author

You might also like

Africa 0 Comments

Olam Zambia spells out it’s expansion programme

Olam Zambia Managing Director Paul Babbington has said the Northern Province based coffee growing company has created 4,000 direct jobs since it began operations in 2012 and engages an additional

Africa 0 Comments

NCZ looks to PPPs to prop up production

Nitrogen Chemicals of Zambia (NCZ) is mooting plans to reduce reliance on government. The company has signaled intentions to venture into public-private partnership (PPPs), as the parastatal seek independence. According

Africa 0 Comments

Consumption of Beef from diseased animals a danger-Gov

Dating back to January 2018, the country has been recording cases of livestock diseases among them is the Foot and Mouth disease which started in Chisamba District of Central Province