Listed agribusiness firm Kakuzi Plc has renewed its investment commitments in Murang’a county with plans to expand its agricultural production, environmental and corporate citizenship engagements.
Speaking at the opening of the 1st Murang’a County Investment Conference on Friday, Kakuzi Plc Managing Director Chris Flowers said the firm is lining up several capital investment projects valued at more than Sh1.2 billion in the medium term to accelerate its commercial and social impact.
The projects, he said, include expanded agricultural production and value-added ventures for macadamia, avocado, livestock, and commercial forestry revenue streams.
Last year, Kakuzi unveiled a new macadamia oil processing plant with a daily extraction capacity of 1,000 litres of cold-pressed cooking oil.
Alongside the macadamia oil processing plant, the Kakuzi Macadamia Processing Plant has an installed capacity of 2000 tons of saleable kernel (SK), making it one of the largest in the region.
“As part of the Murang’a to the world mantra, at Kakuzi, we are proud to be part of the Murang’a County Economic and Social engine and contributing to Kenya’s global positioning as an agribusiness powerhouse.
From our Makuyu sub-county operating base, we are undoubtedly Kenya’s number one quality avocado and macadamia exporter,” Flowers told delegates at the conference, who included Chief Guest President William Ruto and the host Murang’a Governor Dr Irungu Kang’ata.
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