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Free State Investment Prospectus

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THE FREE STATE, with 2.8-million residents, accounted for 5% of South Africa’s population in 2017/18 and contributed proportionately to the GDP. In 2018 (the latest available data), the real economy (represented by agriculture, mining, manufacturing and construction) made up 27% of the Free State’s output. The largest real-economy sector was mining at 11% of the provincial economy, followed by manufacturing at 9%, agriculture at 4% and construction at 3%. The Free State contributed 10% of national agriculture and 7% of national mining, but just 4% of national manufacturing and 3.5% of national construction.

INVESTMENT OPPORTUNITIES

INVESTMENT OPPORTUNITIES Agriculture: Poultry Agriculture: Broiler Poultry PROJECT SECTOR: Agriculture: Poultry PROJECT LOCATION: Frankfort Namahadi, Fezile Dabi District INVESTMENT VALUE: R6.19 million JOB CREATION: 10 permanent jobs and 10 temporary jobs COMPANY NAME AND BACKGROUND: Frankfort Poultry: This is a commonage farm. The local municipality leased the land to the beneficiaries and it is situated in the Mafube Local Municipality in the Fezile Dabi District, in the town of Frankfort. The project is currently not in function as the processes of converting it to layer production is about to take place PROJECT DESCRIPTION: The project was funded by Department of Agriculture and Rural Development with 2 x 40 000 capacity broiler houses in the year 2013/14. The project consist of nine beneficiaries of which seven are females and two are males, and four members are adults and five are youth FINANCED BY: Free State Department of Agriculture and Rural Development PROJECT STATUS: Currently there is no production – waiting for conversion of 2 x 40 000 capacity broiler houses into 2 x 20 000 layer houses PROJECT PROMOTER: Free State Department of Agriculture and Rural Development INSTITUTION CONTACT DETAILS: Free State Department of Agriculture and Rural Development Tel: 051 861 8509 24 PROJECT SECTOR: Agriculture: Broiler Poultry PROJECT LOCATION: Lejweleputswa District INVESTMENT VALUE: R54.12 million JOB CREATION: 18 permanent jobs & 15 temporary jobs COMPANY NAME AND BACKGROUND: Virginia Mega Poultry (VMP) is a broiler production cooperative established in 2014 on Virginia commonage farm in the Free State. The co-op has five houses each with a capacity of 40 000 birds with the ability to produce 200 000 live birds per cycle with a mortality of ±5% under commercial production practices. Virginia Mega Poultry was established with the intention of creating jobs, alleviating poverty and inequality, and improving the livelihoods of previous disadvantaged people. Importantly, the Department invested heavily in the state-of-the-art infrastructural development to ensure that the farming business reaches its predetermined objectives PROJECT DESCRIPTION: The project currently has 18 beneficiaries and the infrastructure is four years old. The project is situated on Virginia farm, a commonage, ±5km from Meloding. The farm is 663ha in size, of which 309ha is arable and 354ha is for grazing. However, the co-operative is utilising only 9ha of the total area as per its lease agreement with Matjhabeng Local Municipality FINANCED BY: Free State Department of Agriculture and Rural Development PROJECT STATUS: The project will be selling its chickens to the following markets: Ismail Poultry situated in Gauteng Province; PM Foods situated in Limpopo Province; Amalesco situated in Odendaalsrus; Chicken Lady situated in the North West Province; and locally. Negotiations will be required to secure formal contracts. The project is planning to sell live chickens at R16-R18/kg and is targeting potential clients who are willing to fetch the chickens at the farm gate PROJECT PROMOTER: Free State Department of Agriculture and Rural Development INSTITUTION CONTACT DETAILS: Free State Department of Agriculture and Rural Development Tel: 051 861 8509 09

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