By SANFROSSA MANYINDA
ZAMPALM has expressed confidence that the expansion of the plantation will boost the country’s foreign exchange.
ZAMPALM General Manager David Subakanya said the firm has been achieving monthly production of over 120 metric tonnes of crude Palm oil during peak period of the year.
The plantation is in Kanchibiya, Muchinga Province.
Mr Subakanya was confident that the company would be able to meet the rise in demand from the local market with such production.
He said the company had also seen a rise in demand for crude palm oil.
ZAMPALM is a subsidiary of the Industrial Development Corporation (IDC) and has expanded its crude palm oil production to meet the local demand and has increased the out grower scheme to 1, 000 beneficiaries.
“This means that we are making inroads into our Zambian market and us to quickly expand our project to meet this demand.
“So far the area planted by outgrowers in Kanchibiya has doubled to 700 hectares over the past years. We are expanding our out grower and we are hoping that by the year 2025 expansion should go up to 5, 000 hectares,” he said.
Mr Subakanya said the firm would strive to ensure oil palm out grower scheme increased the domestic production of palm oil and it’s by- products through the inclusion of individual farmers.
He added that Zampalm had expanded its oil palm plantation to 3, 700 hectares out of which 2000 hectares have manure palm trees which the company is harvesting 1.7 metric tonnes of palm fruit per hectare in a year.