Deal #7653

Location #1

Spatial accuracy level
Country
Location
Uganda

Target country
Uganda

Land area

Intended size (in ha)
2000.0
Comment on land area
The aquaculture industrial park we intend to establish requires 2000ha (5000 acres) of land.

Intention of investment

Intention of investment
[current] Agriculture unspecified
Comment on intention of investment
Hainan Qinfu Foods Company Limited from China is looking to invest a total of $450m (about UGX1.6 trillion) is a specialized aquaculture industrial park. The project will include fish ponds for tilapia farming, hatchery for breeding stock, tilapia processing plant and fish feed processing plant.

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2019, current] Intended (Expression of interest)

Contract farming

Contract farming
Yes
Not on leased / purchased area (out-grower)
Yes
Comment on contract farming
It will also avail production technology including creating jobs for Ugandans especially through establishing an out-grower network.

Operating company

 

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Data source #1

Data source type
Media report
File
Publication title
Chinese company to build UGX.1.6 trillion fish breeding centre in Uganda
Date
2019-12-01

Promised benefits for local communities

Promised benefits for local communities
Capacity Building
Other
Comment on promised benefits for local communities
It will also avail production technology including creating jobs for Ugandans especially through establishing an out-grower network.

Detailed crop, animal and mineral information

Livestock area
Aquaculture (animals)

Detailed contract farming crop and animal information

Contract farming livestock
Aquaculture (animals)

Jan. 24, 2020, 11:52 a.m.

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