Nakuru County has signed a Sh1 billion deal with a Pakistani investor to put up an animal feeds and semen plant in Naivasha.
Construction of the factory is expected to be completed by January 2021 at Oserian’s Two Lakes Industrial Park and is expected to ensure farmers enjoy better feed prices and generic modification of breeds.
According to Nakuru Governor, the county’s livestock production had stagnated due to low quality of semen and insemination methods.
“The investor has set aside USD10m for this factory and we expect the lives of hundreds of livestock farmers in the country will be changed,” he said during the signing.
The Nakuru Governor added that the plant is the first of many investor partnerships that the County is looking forward to.
“We shall form a one-stop-desk where the issue of licensing, tax and other requirements for any investor will be carried out as we seek more investors in this county,” he said.
Lee Kinyanjui argues that following the 1,200 acres set aside for the industrial park and SGR in Naivasha, Nakuru County is the next big investment frontier in the country.
On his part, Maxim General Manager Muhammad Salman said that out of all the possible locations that the firm has been exploring in Eat Africa, Naivasha stands out.
“Oserian Two Lakes has provided us with a great location, reliable and affordable energy and simple solutions that have removed the headache of entering into new territory,” he said.
Oserian Two Lakes Industrial Park sits on 750 acres of land but the Company renowned for flower farming has indicated it has about 3,000 acres of land that can be used for development.