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Zambia invites AGCO, Brazil’s top agric equipment firm, to invest in the country

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The Zambian Embassy in Brasilia has engaged one of Brazil’s top manufacturers of agricultural equipment to consider setting up an assembly plant in the country.

AGCO, one of Brazil’s top manufacturers of agricultural equipment to consider setting up an assembly plant in the country has only exported fifteen tractors to Zambia, a situation both parties want to change.

AGCO provides agricultural solutions to farmers worldwide with a complete line of tractors, harvesters, sprayers, fencing and fodder equipment, implements, grain storage and protein production systems, as well as spare parts.

It also provides technologies that help farmers around the world maximise production, reduce loss, and conserve the resources that are critical to meeting the growing need for food, fuel and fibre.

During a factory tour in Mogi das Cruzes, São Paulo, Chargé d’ Affaires at the Embassy of Zambia in Brazil, Coillard Muvwema expressed gratitude at the confidence AGCO had in the Zambian government by hosting and holding talks with the Embassy staff.

Muvwema hailed the company’s agricultural prowess on the global market and hoped that the company would consider the invitation to invest in Zambia so as to tap in the regional business potential the country offered to its investors.

 

Read more: France invites Zambia’s ministers to explore possible investment collaborations https://www.zambiamonitor.com/france-invites-zambias-ministers-to-explore-possible-investment-collaborations/

This is according to a statement issued today, Thursday by the First Secretary-Press and Public Relations at the Zambia Embassy in Brasilia, Brazil, Lloyd Kapusa.

“As Zambia, our focus and goal is now more towards becoming an agricultural hub and food basket for the region and Africa, we are mechanising our agricultural system and it is our sincere hope that you will work with us in achieving this agenda,” Muvwema said.

He told the AGCO that due to Zambia’s strategic location, it offered access to about 371.78 million people in the Southern Africa Development Community (SADC) alone and even more on the African continent.

 

Chargé d’ Affaires at the Embassy of Zambia in Brazil, Coillard Muvwema with AGCO South America Government Relations Specialist, Francisco Garcia Reberti, during the tour of the plant in Brazil

AGCO South America Government Relations Specialist, Francisco Garcia Reberti, acknowledged the strides the Zambian government was making in the agricultural sector to ensure food security of its people and the region.

Reberti said AGCO would help and work with the Embassy of Zambia in Brasilia on partnerships to see how best the agricultural equipment market could be improved and expanded for the benefit of the two parties involved.

“Our commitment and investments in research, development and engineering continue to ensure that AGCO remains at the forefront of solutions for farmers worldwide.

“We would like to work with you on improving the market before moving forward to put an assembly line in Zambia,” Reberti said.

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