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Ethiopia: Fontana joins horticulture development in Bahir Dar

Fontana Flowers Plc, the largest Indian based horticulture company in neighbouring Kenya will begin operation of its horticulture farm in Ethiopia in the next few weeks at the cost of 11 million dollars. The company has leased 100ha of land at Wenjeta and Wegelta kebeles 20Km from Bahir Dar in the Amhara Regional State. Currently Fontana, which has hired 1,300 employees, is clearing land for growing roses and for warehouse construction. The company will exclusively grow different cut rose varieties. It will first start growing on 65ha, with a target revenue of 95.9 million dollars a year.

The flowers will be exported directly from the Bahir Dar airport, which, in its recent restructuring, has added cold storerooms, said Mekonen Hailu, public relations head of the Ethiopian Horticulture Development Agency (EHDA).

Click here to read the complete article at www.geeskaafrika.com.

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