Macademia Tree Nut Plantation

Project Description

PROJECT DESCRIPTION:

The business proposal considers the investment of Swazi Lilangeni (SZL) 24 million to establish a Macadamia nut tree plantation over 68 Ha. This plantation, located in the Malkerns area, will be managed and operated by Dalcrue Management under the auspices of a newly incorporated, wholly owned subsidiary, Dalcrue Macadamia (Pty) Ltd.

This project dovetails with the company’s strategic objective of optimally using the land, which is currently used to grow cash crops under rain-fed conditions. Past results have been erratic, with yields inconsistent due to combined factors, including drought and theft.

PROJECT LOCATION:

Malkerns

LEAD AGENCY/ PROJECT PROMOTER:

Tibiyo Takangwane

CURRENT STATUS/ STAGE OF PROJECT:

Funding stage

ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

Proposed financial structure of venture, indicating expected sources and terms of equity and debt financing

AVAILABILITY OF PRE-FEASIBILITY STUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:

Feasibility study completed

ESTIMATED COST OF THE PROJECT:

SZL 24 million (USD1,332,588 as at 17th July 2023)

INVESTMENT REQUIRED:

SZL 15 million (USD 832,602 as at 17th July 2023)

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Country

Eswatini

Location (s)

Malkerns

Sector

Agriculture & Food Processing

Sub Sector

Agriculture

Investment Value Range

10-25 million USD

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