NEW: US$200 million fertiliser plant in the pipeline as investors aims to start production in 2027

Harmony Agere

ZIMBABWE’S fertiliser production is poised for a significant boost following a US$200 million investment pledge by Xintai Private Limited (Palm River Resources) to establish a large-scale fertiliser manufacturing plant.

According to the Ministry of Industry and Commerce, the proposed facility will have the capacity to produce 200 000 tonnes of urea and an equal amount of ammonium nitrate annually.

This marks a major step towards strengthening the country’s agricultural value chain.

Construction of the plant is scheduled to begin in June this year, with production expected to commence in February 2027.

The investment is anticipated to play a pivotal role in reducing reliance on fertiliser imports while enhancing local production capacity.

Increased availability of key fertiliser inputs is also expected to improve crop yields, contributing to national food security and agricultural productivity.

In addition to boosting output, the project is set to generate employment opportunities during both the construction and operational phases.

“Construction of the fertiliser production plant is set to commence in June this year and production of fertiliser will begin in February 2027,” reads an X post by the Ministry of Industry and Commerce.

“This development will translate to increased employment, improved local fertiliser production and enhanced yields in crop production.”

Related Posts

NEW: Construction of 15 modern houses for the vulnerable begins in Kadoma

Online Reporter CONSTRUCTION of 15 modern houses for the vulnerable has begun in Kadoma after the recent groundbreaking ceremony. The project follows the handover of 15 residential stands by Craft…

PARLY VOTE ON AMENDMENT BILL EXPECTED THIS WEEK

Debra Matabvu and Nyore Madzianike PARLIAMENTARIANS are expected to vote on the Constitution of Zimbabwe Amendment Bill (No. 3) in the National Assembly by Friday this week, marking a decisive…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×