ARDA to recapitalise five remaining estates
The Agricultural and Rural Development Authority (ARDA) is courting potential investors to recapitalise its remaining five estates as the public private partnerships that the parastatal has entered into with various players continue to bear fruit and transform the agriculture sector.
Through a partnership with Trek Petroleum, ARDA managed to open new land, replace old machinery and install state of the art irrigation technology at its two estates in the province.
The successful business model that has also been implemented in 14 other irrigation schemes across the country should boost the confidence of potential investors to partner ARDA in the recapitalisation of the remaining five estates said the entity’s director agricultural operations, Mr Bathetsi Noko and board chairman, Mr Basil Nyabadza.
The ARDA Ingwizi Estate that has currently planted 584 hectares of the wheat crop has installed processing plants at the irrigation scheme.
Chief Tshitshi of Magwe district commended President Robert Mugabe’s visionary leadership saying the revival of the irrigation scheme will go a long way in ensuring food security and creating jobs for the youths.
ARDA Ingwizi is looking to increase its hectarage from 584 to 1000 hectares in the next three years.
The entity also plans to establish 2000 hectares of pastures to be used as grazing land in the province.