Horyal Investments Holdings Company Limited, the company undertaking the development, says they have already spent USD 70 million in starting the project being led by Dr. Amina Hersi Moghe.
Dr. Amina boasts of years of experience in the Sugar industry in Bungoma County of Western Kenya where she lived and traded in the internationally demanded commodity.
Dr. Amina told URN that installation of the factory expected to produce 1,650 tonnes of Sugar every day is 70 percent complete. She says they hope it will generate a net profit of Shillings 150 billion over ten years operating at full capacity.
Covering some 25,000 acres of land (approximately 10 hectares) in Gem Village in Pachilo parish, the company is keen at using the services of out growers to increase land acreage under sugarcane plantation in the region.
Dan Kidega, the former Speaker of the East African Legislative Assembly, says the factory will be critical in solving an acute shortage of sugar at the regional market.