5. PROJECT NAME: KOMSBERG FARMS

PROMOTER: Mr. Ali Albwardy Al Seer Group LLC., P.O. Box 677 Dubai, UAE

LOCATION: Ariamsvlei, Karasburg Region

SECTOR: Agriculture

BRIEF DESCRIPTION:
The Project involves construction of employee housing for 300 permanent and 1500 seasonal workers at a cost of N$ 250 million. It also includes building a grocery store, a creche for children of employees, soccer fi elds, and provision for sanitation and clean drinking water. In terms of grape production, the project will see the development of a new grape plantation of 100 hectares at an estimated cost of N$85 million, development of 125 hectares of citrus production at a cost of N$ 86 million and the development of 100 hectares of lucerne production at a cost of N$10 million. The project includes a cold-storage facility, a packing plant, farm equipment and solar plants for electricity generation.

IMPACT:
The project will be a source of livelihood and employment for close to 1800 to 2000 Namibians. The majority of the produce is meant for export and is expected to earn Namibia US$8 million per year, beginning 4 year after the project is completed. The project is expected to raise standards of agricultural practices and will assist in development of the Karasburg.

TOTAL INVESTMENT:
US$ 63 Million

IMPLEMENTATION PERIOD:
5 years

CONTACT DETAILS:
Jacques Cliff General Manager
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +264 63 69 3029

Carel Nieuwoudt Chief Executive Officer and Director
Mobile: +27 82 849 9909

Johannes Holtzhausen Promoter/Owner Representative
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Mobile: +97 150 625 9500