As part of activities commemorating his one-year anniversary in office,
Governor Willie Obiano of Anambra State, will today commission a
monumental site signalling the formal take off of the $100 million Ekcel
Farm project in the state.
The farm project, sited in Omasi, Ayamelum Local
Government Area of the state is a private sector initiative by Ekcel
Farms Limited for the development of full-scale mechanised agriculture
in Anambra State.
Ekcel Farms Limited, a subsidiary of Oilserv
Limited, is set to partner with recognised global key players in the
agribusiness industry, and will focus on meeting the millennium
investment goals and objectives of the state government, through
developing a scheme that will facilitate massive agricultural
development in the state.
The partnership is expected to take
advantage of the economic transformation programmes of the state
government to fully realise its investment potentials.
Estimated
to cost about $100 million, the project will involve the large-scale
commercial production and processing of cassava and tomato into
bi-products for the local and export markets.
The project, which
is consistent with the Anambra State vision to become a first choice
investment destination and a hub for industrialization, and commercial
activities, will expectedly contribute largely to the state’s
agricultural productivity, industrialisation and development, just as it
will boost activities in the key areas of produce processing,
manufacturing and exports. The state government had signed a Memorandum
of Understanding (MoU) in September 2014 with Ekcel Farms Limited.
Ekcel
Farms operations will maximise the utilisation of local agricultural
raw produce, and by so doing, create more jobs for citizens of immediate
communities and put more money in their pockets.
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Title : Willie Obiano to Flag Off $100m Ekcel Farm Project and Abia State What Is Your Project?
Description : As part of activities commemorating his one-year anniversary in office, Governor Willie Obiano of Anambra State, will today commission a ...
