Zambia Signs Agreement for Fertilizer Plant Construction in Siavonga
The Zambia Development Agency (ZDA) has sealed a groundbreaking deal with Bloomy Chemical Industry Limited to construct a state-of-the-art fertilizer plant in Siavonga district, Southern province.
This agreement, valued at a staggering 845 million US dollars, signals a major investment in Zambia’s agricultural sector.
The plant aims to churn out 520,000 metric tons of urea and 300,000 metric tons of synthetic ammonium annually, promising to tackle the country’s longstanding challenge of expensive fertilizer prices.
According to Rejoice Chaile, Administrative and Communication Director at ACAF, Zambia’s reliance on costly imported fertilizer has been a pressing issue.
The construction of the plant in Siavonga, a key agricultural hub, is an important step towards localizing fertilizer production and easing financial burdens for farmers nationwide.
Moreover, surplus production can be exported to bolster the economy further.
