Togo Volailles, a new poultry project set to create 7,000 jobs, at its pilot stage

Wednesday, 26 June 2019 14:10
Togo Volailles, a new poultry project set to create 7,000 jobs, at its pilot stage

(Togo First) - Togo Volailles is the name of the project developed by Heugan & Associés Négoces (Hans) SAS, Synergie Eurobec International (from Canada) and New Tech Distribution (France). This project was revealed last week.

In effect the project aims at boosting poultry production in Togo (then to other West African countries), make local poultry products cheaper and eventually reduce poultry import by 10% in the country and the region.

According to Daniel Ropert, from Synergie Eurobec International, “It is more costly to produce poultry in Togo than to import. However, prices of imported poultry are too high compared to purchasing power of Togolese. These are two factors that must be tackled. Local production costs must be decreased and this production will subsequently improve thus driving imports down.  

The project’s pilot stage aims at producing, every week, a million chicks and 300,000 broilers (set to rise to 1.5 million in the next five years). About 7,000 direct and indirect jobs should be created at this stage which requires an investment of XOF25 billion.

The project’s promoters now call out to investors, governments, development partners and financial institutions to secure the funds.

Séna Akoda

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