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Biogreen Investments East Africa Ltd wants to esta...

Company Name: Biogreen Investments East Africa Ltd

Registration #: N/A

Organization Type: Limited Liability company

Address: Kayunga District, Uganda

Description:
Biogreen Investments East Africa Ltd wants to establish a milling plant that will produce fortified foods for both human, animal and poultry use in Uganda and neighboring countries. In establishing this plant, the company is already....

General - Brief description of project

Biogreen Investments East Africa Ltd wants to establish a milling plant that will produce fortified foods for both human, animal and poultry use in Uganda and neighboring countries. In establishing this plant, the company is already working with out grower farmers who produce large quantities of corn, sorghum and soya bean. The project currently works with 1,700 households spread over ten districts of Uganda. We envision growing this scheme to a 10,000 households strong by end of 2016.This project is designed to enable the company control the value chain as it implements the out grower scheme. Establishment of a milling plant will provide for value addition and therefore increase profitability on the part of participating out grower farmers and the company.

Like most of Africa, the economy of Uganda relies majorly on agriculture. Establishment of agri business, especially processing creates an enabling environment to the farmer, as agriculture produce generates more income when processed as opposed to selling as raw materials.

The company has been in operation three and half years since November 2011. It has sound financial systems.

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Expansion

Economic - Please outline

Local & export

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Future competition is foreseen but this will be counteracted by quality improvement by the project

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VAT Tax exemption of agricultural machinery

High demand for fortified food in Uganda and the region, Maize and sorghum being major food crops in the region Quality and quantity of the product -Demand of the product by the consumers -Price of the product vs capital of the consumer -Absence of serious competitors in the market

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-Cheap cost of production -Government subsides/taxi holidays on the equipment or tools that are involved in production -low taxes charged on the final product -Use of locally available materials that are produced with the plant premises

Tax - Kindly state the applicable

Applicable

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Out-grower scheme if applicable - Please provide

Biogreen investments East Africa ltd is a commercial farmers company based on the agribusiness process modeling design to achieve particular business activities that will enhance and implore house hold cost of living, deliver better values for households, maximize earns The company is registered in Uganda under the companies act. It is operational in Kayunga district, 70 km east of Kampala capital city of Uganda Bio green investments east Africa ltd is to do value addition to an out grower scheme currently at 1700 households planned to be 10,000 by end of 2016 . Establishing a milling plant will enable the companying take control of the value chain as it will determine the best price to offer farmers as it processes all their outputs into finished products and markets them on the open market in Uganda, South Sudan, Democratic Republic of Kenya, and Rwanda. This plant will use sweet sorghum grains as the main raw material for production of Fortified Foods, animal and poultry feed.

The company will distribute finished products mainly through its out grower network, super markets and external collaborators in countries listed.

-National Agricultural Research organization provides certified seeds to the company that are planted by out growers -Mahindra company supplies machinery

The milling plant will be located in an urban area which is accessible by tarmac roads with hydro electric power and network of clean water supplied by National Water and Sewage Cooperation

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Raw materials will come from the out grower farmers with whom the company works

There are no restrictions.

Centrally located in Kayunga for easy accessibility.

The SWEET Sorghum Out grower Farmers scheme is quite large as compared to existing farmer schemes in Uganda. The scheme is growing to 10,000 households which is quite a sizable number not commonly found in the country.

Technical feasibility, manpower, raw material resources, and environment/ for new project
(project/service - Please provide/outline)

The planned plant will use sorghum, maize and soya bean which will be inter mixed to make fortified foods for humans, animals and poultry. The process entails mixing sorghum with soya on one part, soya with maize on the other part and maize soya and sorghum on one part. This mixture produces highly fortified foods some of which are used to fight malnutrition among children,HIV/AIDS and related nutritional disinfects among adults.

We need expertise.

ETC Agro Suppliers (Mahindra), Future Group Company Limited.

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There is available man power, consistent power supply and tarmac road connecting the location of planned plant with the capital city and major towns in Uganda.

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Through insurance

Social, Economic & Environmental Impact

Burning of sorghum stems y out growers, this will be addressed through continuous training and on farm support

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Through training of local farmers on how to plant sorghum in order to improve on their skills

Through selling of sorghum seeds to farmers. Marketing of bob rain water tanks to different people.

? Through training of the local farmers ? Mobilization of farmers such that they get to know about the company’s existence ? Through adverts on radio programmes ? Though marketing of the plant to create people’s awareness

manual labor like dealing with farmers

The project will create savings after sale of its output in the market.

Investment requirements, project and infrastructure financing, and returns - Please provide

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• Land • Computer and accessories • Furniture and fittings • Motor vehicles • Motor cycles • Equipments

• Land = 537, 000,000 ush. • Computer and accessories = • Furniture and fittings = • Motor vehicles = • Motor cycles = • Equipment =

• Not being used

Kayunga town council and Kampala city

Present banking relationships

Kampala central, a prime land/plot

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Total Finance

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