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Narok inks Sh2bn abattoir deal with Indian company

Posted in Dairy & Livestock

KENYA - Narok has reached a deal with an Indian-based firm to build a Sh2 billion abattoir, offering relief to livestock farmers in the region who rely on middlemen.

Governor Samuel Tunai said Thursday the new plant would offer livestock farmers in Narok, Kajiado, and Nakuru a ready market.

 “We want to transform the lives of our people with things that they can relate with like livestock,” said Mr Tunai without giving details like identity of the firm or whether Narok will have a stake in the venture.

The county is expected to offer the investor land while the Indian firm would finance the project.

The plant look set to compete with the State-owned Kenya Meat Commission, which had planned to build a new Sh1 billion factory in Athi River. KMC dropped the project to revamp its current ageing plant.

The meat processor in February announced expansion plan that would see the cash strapped firm buy more livestock, especially in the drought prone counties.

Mr Tunai said the modern slaughterhouse would create 4,000 jobs and wean Narok of middlemen who buy cattle at throwaway prices. He said the firm is a leading industry player and processes meat from 3,000 buffaloes per day in India.

November 20, 2015; http://www.businessdailyafrica.com/Corporate-News/Narok-inks-Sh2bn-abattoir-deal-with-Indian-company--/-/539550/2963352/-/p51g6oz/-/index.html