A poultry

Okon Bassey in Uyo

Akwa Ibom State Government has signed a Memorandum of Understanding (MoU) with two firms from The Netherland for a vertical integrated poultry project that would produce five million broilers per month.

Under the MoU signed with Soeni Konsult Ltd and Messrs HVA Intl. B.V of Amsterdam in Uyo weekend, the parties would share their respective strength, experience and resources with the collective goal of implementing the project through a Public-Private Partnership (PPP).

Akwa Ibom Government is expected to have 10% ownership while 90% is to be owned by Soeni & Partners.

The agreement would involve the establishment of Broiler Parent Rearing Farms, to produce hatching eggs; Broiler Hatchery, to produce broiler day old chicks; Broiler Farms, Poultry Processing Plant, for production of quality carcasses, Feed Mill, for production of quality feed and Rendering Plant, for processing of waste to health, and other support services.

While the State Government is expected to provide land for the project and staff housing to be capitalised as part of equity contribution, Soeni and Partner would undertake a detailed master plan for the project’s implementation, employ in its workforce qualified indigenes of the State and perform any other role that may be considered necessary for the realisation of the project.

Signing on behalf of the State Government, the Executive Chairman, Akwa Ibom Investment Corporation ,AKICORP, Dr. Elijah Akpan, said the Corporation remained committed to improving community livelihood, aimed at addressing socio-economic and social development challenges of Akwa Ibom people.

Akpan expressed optimism that the project, when completed, would be of enormous benefit to both the people and Government of the State, as well as the investors.

Chief Executive Officer of Soeni Konsult Ltd, Mr Olusola Ajay, who signed for his firm said each of the components contained in the MoU would be operated as a profit centre.

Ajayi enumerated the proposed support services of the project to include Biological Waste Treatment Plant, for good environmental services; Veterinary Diagnostic and Quality Control Laboratory, among others.

For Messrs HVA International B.V, the Director of Livestock Project, Mr. Gerhard Veldink signed for it saying he looked forward to the implementation of the project describing it as a viable one, considering the huge advantages to all parties involved.

According to him, there will also be a Poultry Academy, which will train, not only staff of the industry, but also will be an avenue for the creation of skilled employment.