Project Ownership
The company is owned by CPM Agri-Enterprises

Business Model
The company owns farms and also sub-contracts farmers to produce maize which is used as raw materials.

Objective of the project
The main objective of the project is to contribute to the healthy well-being of the citizens of the country in order to promote economic development.

Sector of Operation
Manufacturing

Business Activity
The project is about production, processing, distribution and selling of bio-fortified (Vitamin A in maize and zinc & iron in beans), nutrition dense and climate sensitive certified seeds of Orange Hybrid maize, white hybrid maize, beans, soya beans and groundnuts for nutrition improvement, general food security, and for poverty reduction (economic empowerment) of vulnerable groups of people (women, pregnant women, girls, babies, school going children, the youth in general and the sick).

Competitive Advantage/gap analysis
The company is already in operation and understands the market well. The company is ready to share its performance report with potential partner.

LOCATION
Processing will be done in Lilongwe while growing of the seed will be done in Lilongwe, Dowa, Ntchisi, Salima, Kasungu and Mchinji districts in Central region of Malawi.

BENEFITS OF THE PROJECT/ALIGNMENT OF PROJECT TO GOVT GOALS
Contribution to achieving national, regional or global economic, social, environmental and developmental goals
Malawi has one of the highest HIV/AIDS prevalence rates. Therefore there is need for food with sufficient Vitamin A which helps in building the body’s immunity to infections.  Bio-fortified crops like maize (staple) can provide between 50-100% of a child’s daily Vitamin A requirements.

Vitamin A, Zinc and Iron are particularly required by women (including girls), school-going children, the malnourished and the sick in general. Vitamin A is essential for cell division (growth), proper vision and maintenance of membranes. Zinc is essential for brain development while iron is an essential component of the blood

Export orientation/forex generation
Excess production will be sold to neighboring countries, especially Mozambique.

Value addition
The project is value-addition oriented as it involves processing of maize into various products.

FINANCIAL REQUIREMENTS
The capital requirement is US$1,380,000. CPM Agri-Enterprises will contribute a cash equivalent of US$581,000 in addition to the following contributions in kind:
    1. Office space
    2. Land for additional office space
    3. A 20 by 40 metres Warehouse
    4. Parental lines for the hybrid maize varieties
    5. One double cabin Toyota Hilux
    6. 15 qualified staff

PROPOSED INVESTMENT MODEL (ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE)
The project promoter is seeking a loan/equity partnership

PROJECT FEASIBILITY
The company is already in operation and is willing to share its profitability analysis report with potential partner.

CONTACTS
Patrick Chingati-Phiri, Managing Director. Telephone: +265 884919144/993376222 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.