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TMDK Group To Invest $25M In Kaduna Agro-allied Industrial Park - Investment - Nairaland

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TMDK Group To Invest $25M In Kaduna Agro-allied Industrial Park by prof2007: 7:29am On Jul 24, 2019
An indigenous Nigerian Company, Tamaidukka Group, known as TMDK, with interest in Real Estate development, oil and gas, and the agro-allied sector, has indicated interest to develop an agro-based industrial park which will use soya beans and cottonseed to produce vegetable oils for domestic/industrial use and export.

The Company’s Chairman, Alhaji Ahmed Suleiman Leda, stated that the processing plant upon completion will have a daily processing capacity of 500 tonnes of both soya bean and cotton, adding that it will also produce 280 tonnes of animal feed.

He also revealed that the company’s plan is to create indigenous jobs by sourcing its raw materials from local farmers, this move alone will create up to 500 jobs directly and another five hundred indirectly, and will guarantee a reliable market for a hundred thousand farmers in Kaduna and neighboring states”

Leda further explained that they have decided to invest in Kaduna because of the unprecedented efforts of the administration of Governor Nasir Ahmed El-Rufai in the state that made Kaduna an investors' haven, and the favorable disposition of the government to attract industries that will not only create job opportunities for skilled and unskilled workers but also a sustainable market for the farm produce of many farmers”.

The Industrial park is to be located in Sobawa layout Rigachikum, Igabi Local Government, Kaduna State and is expected to fully commence operation by January 2020. The Kaduna State Government through its Investment and Promotions Agency, KADIPA, the state’s Urban Planning Development Agency KASUPDA and Environmental Protection Agency (KEPA) have given all required approvals for the project.

The site measuring about 100,000 Square Meters was successfully handed over to the company (TMDK Industries) on Friday, 12th June 2019, and the company has already started deploying workers on-site for implementation of the project.

SOURCE (abridged/updated): https://brandspurng.com/2019/07/22/tmdk-group-to-invest-25m-in-agro-allied-industrial-park/

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