Message Lun 7 Mar 2016 17:06

Investing Eucalyptus Cultivation Greeks in Zambia

http://www.athina984.gr/2016/03/07/epen ... sti-zabia/

the Greek interests companies Eucalyptus plantation Ltd and Eucalyptus Farming Ltd.se cooperation with the Greek-Zambia Chamber implementing investment Contractual farming project in Zambia began.
The investment of 10 million. Dollars the cultivation, processing and marketing of products and eucalyptus products, a total area of ​​500,000 acres. On start-ups involving Eucalyptus Holding and companies Promitheas SA (holding company of Greek interests based in London and Brussels respectively).
In particular, the area in question will be granted by the Government of Zambia because of the significance of the project and the benefits accruing to the local economy and society. Note that from the 500,000 acres, the company will give the local community and local investors the opportunity to participate in this investment with 50,000 acres in total.
Fuse conducting investment business was the mission to Zambia in October 2015, organized by the Greek-Zambia Chamber. Then the Eucalyptus Holding company had the opportunity to visit the country again in period 17 to 28 February 2016 in order to activate the new investment project in sub-Saharan Africa.
On the initiative of the President of the Greek-Zambia Chamber Mr. Dimitri Luke held a meeting with the responsible Minister of Agriculture of Zambia. Given Lubinda, in order to present the investment plan, the opportunities and the direct or indirect benefits for the country. For his part Mr. Given Lubinda given assurances to support the government in this investment effort, because as an investment will be included in the country's strategic investments in the broader Zambian Development Plan.
Subsequently, on the initiative of the Greek-Zambia Chamber held important meetings with other local investors in the public and private sector, as the company JIHAI INVSTENTS Ltd, the FOCUS Financial Services Ltd, the KUKULA SEED Ltd, and the state company ZCCM investments Holdings Plc. Already noted that cooperation has begun with the above companies - organizations.
It emphasized that this investment shows a strong interest of Greek enterprises active for many years in Zambia in various sectors of the economy.
Circles market say they have already signed preliminary agreements with some of them under contracts for cultivation 25,000 acres. The immediate plans of the company Eucalyptus Holding is to create a fully automated greenhouse for the production of eucalyptus seedlings in 2016. The exploitation of 500,000 hectares, will produce essential oils, rose water, wood chips, lumber, production of electricity by the method of gasification and in the second year biodiesel (biofuels). According to the Greek-Zambia Chamber yields of farmers reaching 70% annual yield. It is worth mentioning that the support and development of the project, is the Eucalyptus IKE in Greece, a Greek company, which already provides cultivation under contracts to investors in Greece. In Greece design includes cultivating 40,000 acres over the next three years.
The president of the Greek-Zambia Chamber Mr. Dimitri Luke referring to the investment and the prospects opening up in the Zambian market for Greek companies emphasizes: "In a period when the Greek economy and thousands of companies are facing serious economic problems, there entrepreneurs operating extroversion in emerging and promising markets