KENYA – Maxim Agri International, a Pakistan based company has signed an agreement with the Oserian Development Company to put up an animal feed plant worth Sh1 billion (US$10 million) in Kenya.
Maxim Agri International is an Agri-company dealing with feeds, fodder seeds and customized nutrition solution.
Oserian is a worldwide renowned flower farm sitting on 3,00 acres of land while its industrial park occupies 750 acres of the farm. The Company will be setting up the feed plant at the Oserian Two Lakes Industrial Park in Nakuru County.
The contract was signed by Maxim General Manager Mr. Muhammad Salman and Oserian Company Finance Director Mr. Tim Ndikwe, witnessed by the Nakuru Governor Lee Kinyanjui.
The Maxim Agri plant will be involved in genetic modification, production of cattle feed, cow comfort products and farm equipment which will lead to improved breeds and production that will offer farmers better returns.
The facility is expected to boost the country’s livestock production as well as open up new markets for dairy products in the country. The plant is scheduled for completion by January 2021 and set to offer 160 direct employment.
“Our ultimate aim is to create about 30,000 indirect jobs through the production and value addition chain.
“Our focus is to produce quality feed geared towards improving productivity of the beef, maize, poultry and pig subsectors,” said Muhammad.
According to Mr. Muhammad, the firm had been exploring various investment options in East Africa and Naivasha emerged to be the most suitable destination.
“Oserian Two Lakes has provided us with a great location, reliable and affordable energy and simple turnkey solutions that have removed much of the headache of entering into new territory, “he said
Speaking on behalf of Oserian, Finance Director Mr. Tim Ndikwe said the new company, which will be operational in 16 months, will be a cutting-edge facility that will benefit many farmers.
He further added Oserian Two Lakes Industrial Park is in the final stages of negotiations with other investors who will soon be setting up their facilities at the Park.
“All these developments are coming at a time when our county readying to be upgraded to a city with Naivasha becoming a dry port after the completion of the Standard Gauge Rail phase II” he added.