A 60,000 ha agricultural park along the Volta River. Hari Agro Industries is financing a sugar and extra-neutral alcohol complex. KOP Farms leads a programme of nucleus farms and outgrowers producing sugarcane, rice, maize and other crops.
Project overview
Investment opportunity
Additional capital sought is £483m, equivalent to US$640m. Hari Agro's sponsor-funded £106m complex is under construction. Total programme cost is reported at approximately US$778.5m.
Investment types sought
Project status
Development stage
Implementation / scaling / financial close
Current status / progress to date
Additional financing is sought for cultivation, irrigation, outgrower development, processing and energy infrastructure. Buyers are being sought to agree offtake volumes and delivery terms.
Additional project information
- Lead agency
- Hari Agro Industries for the sugar and ENA complex; KOP Farms for the agricultural programme
Expected impact
Economic & development benefits
- Import substitution for sugar and rice, reducing dependence on imports
- Forecast annual revenue of £143.4m at steady state
- Agricultural value-chain development through cultivation, processing and outgrower participation
- Renewable energy generation from bagasse, with proposed solar and biogas integration
Climate & resilience benefits
- Potential emissions reduction through bagasse, solar and biogas energy generation
- Increased use of renewable energy across agricultural and processing operations
- Potential improvement in energy resilience through diversified energy sources
- Climate mitigation and resilience benefits not yet quantified
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.