Deal #5108

Location #1

Spatial accuracy level
Administrative region
Location
Groot Aub, Namibia

Target country
Namibia
Comment on location
Groot Aub, a communal village which is about 40km south of Windhoek (capital of Namibia). Windhoek, Khomas Region, Central Namibia.

Land area

Comment on land area
Size of plots are not known- negotiations for a plot of land to operate the commercial project from is underway. .

Intention of investment

Intention of investment
Food crops
Comment on intention of investment
Using aeroponics farming system.

Nature of the deal

Nature of the deal
Lease
Comment on nature of the deal
Negotiations for a plot of land to operate the commercial project from is underway.

Negotiation status

Negotiation status
[2011] Intended (Expression of interest)

Implementation status

Comment on implementation status
Envisaged to start a pilot project in January 2012, depending on acquiring funding.

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
40
Comment on jobs created (domestic)
The project will create jobs to over 40 people from the village.

Operating company

Comment on investment chain
Investors with financial and/or technical expertise are being sought.

 

Network of parent companies and tertiary investors/lenders. Please right-click the nodes to get more details.

Legend
  • Is parent company of
  • Is tertiary investor/lender of
  • Left-click to reveal related parent companies and tertiary investors/lenders.
  • Right-click on investors to get more information.
  • Left-click to hide related parent companies and tertiary investors/lenders.

Data source #1

Data source type
Government sources
File
Comment on data source
AEROPONICS FARMING – VARIETY OF CROPS

Data source #2

Data source type
Media report
File
Comment on data source
Aeroponics Farming Pilot Project

Promised benefits for local communities

Promised benefits for local communities
Education
Other
Comment on promised benefits for local communities
The project’s social responsibility towards the residents of the village would include the establishment of an educational trust fund. The objectives of the trust fund would be: to enable/assist children from the community to complete senior secondary school and to take on tertiary education; the establishment of a resource centre that will house a library and ICT facilities; supporting local sports clubs/teams financially and in-kind to enable them to compete with other clubs/teams; assisting in equipping and developing pre-schools; and assisting initiatives spearheaded by women from the community, e.g. arts & crafts projects.

Former land owner (not by constitution)

Former land owner
Community

Detailed crop, animal and mineral information

Crops area
Flowers (unspecified), Fruit (unspecified), Tomatoes, Vegetables (unspecified), Pepper

Use of produce

Has domestic use
Yes
Has export
Yes
Country 1
Angola
Country 2
Botswana
Country 3
Mozambique
Comment on use of produce
International Markets- Europe, United States of America. Regional Markets- Angola, Botswana, Mozambique, South Africa, Zambia, and Zimbabwe. Local Markets.

Water extraction envisaged

Water extraction envisaged
Yes

Overall comment

Overall comment
Investors with financial and/or technical expertise are being sought. Using aeroponics farming system.

July 4, 2016, 5:13 p.m.

active

This version

First version