Our group has secured a 100 hectares of farm land in Cameroon to produce corns. the requested fund is to launch the project, any interested investor covers 50%
Our group has secured a 100 hectares of farm land to produce corns and more the 400 hectares is still at our disposal for any agricultural project to be established. The demand of this agricultural crop in Africa is getting higher with few professionals farms in Cameroon.
Maize will be planted in three season from the first year, Thus in the second year it is projected to yield a minimum of 30 tons a hectare, therefore a total of 3000 tons will be available for the market during the first year of cultivation.
The expected sales will be around $359.782.57 for the first year. The cost of production on the first year is $217.258.45
The project is looking for a partner or an investment company to invest a total need for this project about 350.000 and so far $80,720.
Interested investors can establish contact with us on Merar.
As the major democratic non governmental project, most farmers are doing the traditional way of farming, our requested budget is to industrialized our project so as to meet up with the target marked needs. we already have a steady marked with a production company as Brasseries du Cameroon and others to supply all that we are able to produce.
Reasons to invest in Commercial Maize Farming in Cameroon are;
• Large tracts of fertile land available
• Growing domestic demand for Maize
• Significant water resources for agricultural production
• Attractive income and population growth trends
• Politically stable democratic government
• Positive business enabling environment
• Low labor costs for farm operations
• Readily available skilled labor
• Research Thrust such as IRAD for technical assistance
purchasing of equipment and other run up cost from the start to the finishing.
To be discussed with the potential investor.
We are looking for an investor to enter in joint venture partnership on this project preferably, however we are open to other deal proposals provided the term agreeable.
In summary, the economic and social viability of this project and many other uses for maize by-products between the organization and the investors / partners is 50% by 50% to cover the total investment capital.