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Home Business

The revival story of Darko Farms underneath authorities’s 1D1F programme

GNU by GNU
October 4, 2021
in Business
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The revival story of Darko Farms under government’s 1D1F programme
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As a part of Government’s Industrial Transformation Agenda, being applied by the Ministry of Trade and Industry, Darko Farms Company was recognized as one of many distressed however probably viable firms.

As a consequence, the corporate, in 2017, utilized to be a part of the flagship 1-District-1-Factory initiative, and after a complete assessment by the Technical Support Group of the Ministry, an quantity of GH¢22.1 million was granted as a mortgage facility to the corporate by Ghana EXIM Bank.

The quantity was earmarked to revamp the corporate’s operations, by upgrading the plant and gear, retooling the hatchery, feed mill and processing facility and as working capital help. The firm has additionally utilized a part of this facility to ascertain an out-grower scheme, the place various poultry farmers are supported with broiler chicks, feed in addition to technical help to breed their birds.

Darko Farms at the moment has a processing plant working at 10,000 birds per day with one shift, and 20,000 birds per day with two shifts. It has a hatchery with capability to supply 6-million-day-old chicks a 12 months, breeder farms with a chook inhabitants of about 30,000 per batch, a layer farm with capability of 100,000 per batch, and business broiler farms with capability of 350,000 birds per cycle of 8 weeks.

In addition, the corporate has a feed mill with an put in capability of 96 metric tons of feed per day, and a storage chilly room of 500 metric tons.

Thus far, the corporate has created direct employment alternatives for some 250 employees, and not directly for over 500 individuals, together with out-growers, distributors, and transporters. At full operational capability, the corporate will instantly make use of greater than 400 employees, with 700 being oblique employment.

The newly revamped Darko Farms factory

Darko Farms is at the moment engaged in negotiations with the Mohinani Group to develop into the main native provider of processed rooster for Kentucky Fried Chicken (KFC) restaurant chain.

KFC by way of its native provider has indicated its preparedness to off-take 100,000 birds month-to-month from Darko Farms underneath YUM licensed situations.

GNU

GNU

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