Tahal Group bags $176m agriculture and water project in Zambia

WCN Editorial Team 23 Aug 2017 AFRICA ENERGY & UTILITIES

Infrastructure firm Tahal Group together with its partner ZRB Consulting Finance & Development (ZRB) has signed a contract with the government of Zambia for the planning and construction of an agriculture and water project in the county. 

Tahal Group operates as a subsidiary of Kardan, a company active in real estate and water infrastructure in emerging markets.

The scope of the contract worth $176m includes design, procurement, construction and commissioning of a multipurpose agriculture and water project in Zambia.

Sprawling over 5,750 hectares of land, the project will include a large scale community agricultural settlement with hundreds of family farms and commercial farms, based on roads, water, power and draining infrastructure, and a number of other facilities.

It also includes related services, such as crop-growing farms, irrigation facilities, greenhouses, support systems for professional training and use of advanced technology, purchasing, marketing and financial management; buildings and facilities for community, education, health and social and other services.

Tahal and ZRB will be entitled, in equal shares, to the total contract price of $176m for the performance of the entire project.

The project is scheduled to be completed in three years, including planning and designing, and will commence once the conditions precedent are fulfilled.

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