By: Emily Mikwa
Kisumu Governor, Professor Nyong’o, the CS Ministry of Trade and Investment, Hon. Moses Kuria and the Lead Partners of United Green (UG) in the UK have signed an KES 31Billion MOU towards along term collaboration in enhancing agricultural production in the County and the region.
With the aim of boosting food security and trade in agricultural products, the MOU envisages direct investment in an array of crop value chains both in the midterm and long term by the private investment company among other partners.
The pre -production activities of this landmark joint venture are anticipated to commence at the start of next financial year. It is expected to change the food security situation in the country significantly.
The project will not only address food security in the region but also offer job opportunities for the people living in the catchment areas.
The investment will further support Kenyan government’s commitment to increase productivity, youth participation and employment within the development of local agriculture and associated industries and demand for quality and safe products.
It will also deliver the largest most modern integrated crop and agro- industrial processing system in Kenya.
Governor Nyong’o has committed to accomplish his role for the achievement of the noble course, such as availing land for the project. Similarly, the lead partners of United Green and the national Government’s Ministry of trade have also pledged unwavering support to the success of the collaboration.
The Kenyan investment project is part of it’s five years’ agro- food capital investment strategy via UK investment holding company UG Nutrition Limited.
The objective is to deliver a highly attractive economic returns, positive environmental and social outcomes within rural communities and maintaining a constant supply of high quality, nutritious and safe agricultural commodity and consumer branded products for Kenya consumers.
The United Green is a British based Private strategic investment group with specialist expertise, investment, and operating a record of accomplishment in developing and managing large scale Green field business enterprises globally across multiple sectors.