Memorandum of Engagement (MOE) for Agri-logistics and Input supply partner-ship between CFC,ECDC and CHDA
Memorandum of Engagement (MOE) for Agri-logistics and Input supply partner-ship between CFC,ECDC and CHDA
- CFC Group has been invited by ECDC to continue and expand upon the fruitful cooperation between the parties.
- the parties desire to collaborate and pool resources for planning, investment, bulk supply of raw materials, and the establishment of Agro-logistics and input supply towards the development of a fertilizer manufacturing and blending plan, with access to warehousing within the Komani Industrial Park as it is crucial for the success of these initiatives.
- The parties seek to formalize their partnership for the implementation of Agro-logistics and input supply through a Memorandum of Engagement(MOE).
- This Memorandum of Engagement (MOE) is made and by and among CFC Group , represented by Mr. Sameh Banani, Vice Chairman, Eastern Cape Development Corporation (ECDC), represented by Mr. A. Wakaba, CEO, and the Chris Hani Development Agency (CHDA), represented by Mr. Abongile Hala, CEO.
- Mr. Banani stated that The parties shall jointly plan and invest in the establishment of a fertilizer manufacturing and blending plant, as well as the necessary Agro-logistics infrastructure, including warehousing facilities within the Komani Industrial Park
- Mr. Banani, emphasizes the commitment of all parties to the objectives outlined in the MOE and highlights the collaborative efforts required for the successful execution of the proposed initiatives.