The Green Belt Authority (GBA), has invested $8 million (about K6 billion) in Intensive Vegetable Farming Project in Lumbadzi, Lilongwe, as GBA chief executive officer Henri Njoloma revealed that government has already secured 28 hectares where they will grow all types of vegetables in a project that is expected to create 500 jobs, with the first consignment to go on the market in April this year.
As the National Budget was announced this year, it was revealed that Treasury allocated K800 million to GBA, but lawmakers observed that the low funding will affect the operations of the authority to develop irrigation farming.
The new sum follows a joint venture (JV) partnership with an Israeli-based Inosselia Commercial Limited, a subsidiary of Inosselia Investment Group, which is a global, progressive conglomerate of companies with a cross sector industry portfolio.