PROJECT # 0041 |
Malawi, Establishment of a Sugar Processing Plant to Address SADC Market |
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| LOCATION AND SIZE | Lilongwe, Malawi | |
| HOLDER | National Association for Small and Medium Enterprises (NASME) company called HOSCO LIMITED, Malawi (90%) • Growide Grains (PTY) LTD, Botswana (5%) • Philad Distribution (Private) Ltd, Zimbabwe (5%) | |
| OTHER COUNTRIES | Botswana, Zimbabwe, Zambia | |
| STATUS | S2B: Feasibility | |
| TENTATIVE TENDERING | ||
| AMOUNT | USD 25.248 million | |
| FINANCING OPTIONS | Loan | |
| PRESENTATION | The Malawi National Association for Small and Medium Enterprises (NASME)’s company called Hope Sugar Company (HOSCO) Limited is partnering with Growide Grains Ltd in Botswana and Philad Distribution Ltd in Zimbabwe, to propose a project focusing on the manufacturing of organic sugar, fertiliser, briquettes, ethanol and confectioneries targeting the regional market. In addition to producing these products, the sugar factory is to generate electricity primarily for its use, then sell the excess to ESCOM (Malawi). The project also entails the development of a sugar-related faculty at Nkhoma University. The two partners in Zimbabwe and Botswana will be the distribution agents of the products to Botswana, Zambia and Zimbabwe. Sugar and fertilizer re-packaging plants are to be established in Botswana and Zimbabwe and used as distribution centres for the products to the rest of the SADC region. The investments required for the Sugar Cane Production include land, materials & equipment, while the Sugar Processing Part involves building a 1500 TCD Vacuum Sugar Plant without co-generation of power. |
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| CONTACT DETAILS | Samuel Manguluti – Nasme Hosco Limited Tel: +265 99 292 0181 - Email: sammanguluti@yahoo.co.uk | |
