The Scan Flex Engineering Company Limited (SFECL), a Danish Engineering Consulting Company, on Thursday signed a contract agreement with Pan Atlantic Farmers investment Ltd (PAFIL), Nsukka, in a Enugu State, to build a multi-billion-euro farm and food processing plants in the state.
Mr. Lasse Jacobsen, who is the President SFECL, signed on behalf of his company while Mr. Okechukwu Eze, the Chairman and Chief Executive Officer of PAFIL, signed for the farmers.
Speaking shortly after the deal was sealed, Jacobsen said with the signing of the contract his company had been empowered to build a mega farm, food processing plants and other facilities in Opanda Uzowani.
He said the project, worth 100 billion euros, would be funded by Danish Investment Ltd., that has responsibility to fund projects in under-developed countries globally so as to fast track development.
“The farmers, under the aegis of PAFIL, have satisfied all the requirements and with the signing of the contract today the project will start in no distant time.
“I have known the CEO of PAFIL for many years and he has done all that is required which made it possible for the signing of this multi-billion-euro contract,” he said.
He urged farmers in the state to avail themselves of the opportunities the project would provide in farming and food processing to make more money and improve their standard of living.
“With the food processing plants, farmers will no longer witness any farm product waste as all agriculture products in the area will be bought from farmers, processed and exported to different parts of the world,” he said.
Responding, Eze described the signing of the contract as a landmark achievement, saying negotiations for this project started since 2014.
“Jacobsen is a world-class engineer with over 40 years experience.
“The signing of the contract has empowered his company to come and build agro-mega farm project for our farmers that will be full of processing plants.
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