Hydroponic Techno Park(X2)2008-08-11 Amajuba 60Ha Hydroponic Techno Park(X2)
Brief Description
This project emanates from the need to produce various type of vegetables such as cucumbers , cherry tomatoes , peppers .
The shareholding will comprise of 25% BEE , 25 % Management , 25% Investors and 25% Newco.
The project will be developed to cater for the controlled production of vegetables to supply the local demand. The project will be expanded and the production of vegetables will eventually be aimed at the broader market outside of the district such as The Dube tradeport.
The Techno Park will be established in close proximity of the Newcastle Airport and the Amajuba Regional Agric. Hub. It is envisaged that the project be developed over three years. The Techno Park will be professionally managed and space in the park will be rented out to farmers who wish to partake in the project this also ensures skills transfer. This ensures high control and high quality control in accordance with HACCP requirements. This will ensure that the project is sustainable and will expose our emerging farmers to export markets.
Full feasibility and business plan is available. The project has attracted interest with investors who are willing to invest equity in the project.
Project Opportunities
Investors required for infrastructure, packaging and processing
Location
Newcastle Local Municipality
Detail of feasibility undertaken
Detailed business plan and feasibility has been developed.
Budget
60Ha @ R5 million = R 300 million
Capex R 100 million
Local Champions
Amajuba District Municipality
Contacts
Amajuba District Municipality
Mark Durham - 034 329 7249
E Vernetti
G Tonks
Newcastle Municipality
Anesh Thulasee 034 328 7611
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