This year, the Zambian Industrial Development Corporation is expected to invest $4 million in a pineapple processing plant in the in the northwestern Mwinilunga district.
IDC Group Chief Executive Officer Mateyo Kaluba said this follows successful feasibility studies conducted in the area and subsequent approval by the IDC board of directors, to invest in the pineapple sector. Kaluba said he was confident that the project was a viable business to invest in, having learnt from mistakes made in the past.
According to lusakatimes.com, the three tons per day capacity plant will provide a ready market for the more than 3,000 farmers who will be incorporated in the initial outgrower scheme in Mwinilunga, Lumwana West and Ikelenge districts. The plant will result in the creation of 100 permanent and 8,000 indirect jobs.
