Seed Co Malawi set for $10m factory launch
The newly-constructed $10 million (K5 billion, at the current exchange rate) factory, office complex and warehouse for Seed Co Malawi is set for official opening in the capital, Lilongwe today, the company’s managing director Dellings Phiri said on Monday.
Phiri told Business News that the launch of the project, to be officiated by Minister of Agriculture, Irrigation and Water Development Dr Allan Chiyembekeza, is a landmark in the history of the hybrid seed producer.
The factory has been constructed at Kanengo, opposite Lilongwe Teachers Training College (TTC).
“This is a milestone and a landmark in the history of Seed Co Malawi.
This project has taken us 22 months. We are happy that we continue to grow,” said Phiri.
He said the new factory now has the capacity to produce 120 tonnes of seed per day, which is double the processing capacity of the old factory.
The new factory and office complex, according to Phiri, will enable the seed firm to scale-up employment levels, contributing to the country’s job creation efforts.
Seed Co Malawi Limited is a subsidiary of Seed Co Limited of Zimbabwe. The company has footprints in Zambia, Tanzania, Kenya, Ethiopia, Rwanda, Botswana, Swaziland, South Africa and Nigeria besides agency operatives in other African countries.
