The Zambia Development Agency (ZDA) has met with an Italian investor group aiming to establish an organic fertilizer production plant in the country.
This is in the wake of the visit by his Excellency Mr. Hakainde Hichilema to Italy in November 2023.
Facilitated by the African Business Exchange organization, the Italian company called Fertilidea Srl met with, the Director General Mr. Albert Halwampa of ZDA and management at the ZDA offices in Lusaka.
The delegation leader conveyed their commitment to facilitating the company’s entry into the Zambian market.
Their primary focus lies in organic fertilizer production, aligning with the promising economic opportunities that Zambia presents.
The group expressed eagerness to commence operations as soon as possible but ideally before the onset of the next farming season in Zambia.
Their intension is to open a plant in Zambia that will produce up to 2 million litres which is equivalent to 40,000 tonnes of Urea within two years of commencement. In addition to fertilizer production, the company plans to foster knowledge transfer by collaborating with local universities.
This strategic partnership aims to provide knowledge to Zambians in organic fertilizer production and usage.
In response, Mr. Halwampa warmly welcomed the company’s initiative to contribute to the organic fertilizer sector. He assured the delegation that ZDA is fully committed to supporting establishment of the plant within the proposed timeframe.
“This is a commendable initiative that not only aligns with environmental sustainability but also plays a crucial role in meeting the national fertilizer requirements.” Mr. Halwampa said.
The meeting between the ZDA and Fertilidea Srl was initiated by the Zambia Embassy in Rome, underscoring the importance of diplomatic channels in fostering international business partnerships.
