Company to develop $25 Million industrial park in Kaduna

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 75%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Company to develop $25 Million industrial park in Kaduna vanguardngr.com vanguardnews

An indigenous Nigerian Company, Tamaidukka Group, known as TMDK, with interest in Real Estate development, oil and gas is to develop an agro-based industrial park that will use soya beans and cotton seeds to produce vegetable oils for domestic and industrial use with much focus on export.

Speaking at the formal.hand over of the site for the park in Kaduna, Chairman of the company, Alhaji Ahmed Suleiman Leda, said the processing plant upon completion, will have a daily processing capacity of 500 tonnes of both soya beans and cotton seeds while also producing 280 tonnes of animal feed. “This move alone will create up to 500 jobs directly and another five hundred indirectly, and will guarantee a reliable market to at least one hundred thousand farmers in the state and neighbouring states,” he saidAlhaji Leda said the choice of Kaduna was informed by the ease of doing business regime created in the state by the governor Nasir El Rufai which he said has made the state an investor’s haven.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines