Sun-Dried Tomato

Brief Description

NewCo has been established to manufacture processed sun-dried tomatoes for the export market. Newco shareholding is comprised of emerging farmers (35%), Newco (30%), Financiers (25%) and Technical Partners (10%). Newco will buy raw materials from national suppliers however will favour local (Amajuba) producers. The project will incorporate greenhouse production (20Ha) as well as a drying plant. Projected employment in the full feasibility study indicates 69 employees within the drying plant and a further 92 permanent and 275 seasonal employees in tomato production. The identified site for the plant is centrally located to the key transport routes to key export markets - N11 to Johannesburg and OR Tambo and the railway line to Durban, and the Durban International Airport (current site) and the Dube Trade Port. Global markets are already identified and letters of intent have been signed with Valpollino and L'Arciboldo, to agri-food firms in Italy. Investors have expressed interest in investing in this project.

Project Opportunities

Investors required for infrastructure, packaging and  processing

Location

Newcastle Local Municipality, Amajuba District

Detail of feasibility undertaken

Full feasibility and business plan available for both the processing plant and the Greenhouse.

Budget

Detailed breakdown available in the business plan, for the Processing plant R78m.

Deailed breakdown available in business plan for the Greenhouse R 100 million.

Local Champions

Amajuba District Municipality

Newcastle Municipality

Newco

Contacts

Amajuba District Municipality

Mark Durham - 034 329 7249

Newcastle Local Municipality

Anesh Thulasee - 034 3287611

Ferdie Alberts - 034 3287628

For more information contact: MrThemba Msomi,Deputy Head, Policy, Strateagy, Information & Research Department, Economic Development Unit on +27 031 311 4242 (msomit@durban.gov.za)