Project for setting- up a production unit for provender/ animal fodder
|Company’s Nature of Business||
The project consists in setting up a production unit of feed with a capacity of 1 ton per hour and will eventually produce 6 000 tons of feed annually. The investment will include 300m2 warehouse divided in three parts: raw materials warehouse, feed unit, final product warehouse, land and offices.
The unit capacity will be 1 ton/hour, means 6000 tons per year, which represents 14% of the market in the Analamanga region. The unit will produce various types of feed in Madagascar, for cattle, pigs and chicks.
The market is wide open (less than 50% of the need is covered with a gap of 43 000 t).
The project will employ 30 people permanently at the factory and over 50 persons temporarily along the operation chain: cultvation, transportation, and handling.
Cumulated expected margin in 5 years : USD 2, 467,547
|Type of Cooperation Sought||Financial|
|Anticipated Partners’ Input||USD 170,000 (equity or loan)|
|Contact||Economic Development Board of Madagascar|