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EXPANSION OF BANANA PLANTATION FOR MOONLIGHT FRESCO LIMITED PROJECT (PHASE 1) (PRIVATE SECTOR)

PROJECT DESCRIPTION

Moonlight Fresco Ltd will produce premium quality bananas. ACP bananas from Ghana-West Africa have a great advantage in establishing and setting up key EU and UK Markets and establishing a solid presence in the whole region.

Project is going to generate direct employment for over 3000 people and indirect employment for over 7500 people.

PROJECT SCOPE

Developing more than 2 million 18 kg palletized boxes of bananas by the close of the year 2022. African ACP premium quality bananas logistically will be accessible for EU, UK, and Mediterranean markets with initial production starting in the close of the year 2020. Revenue generated up to US$36 million per year at the full project scale of Phase 1.

INITIAL CAPITAL OUTLAY

The capital outlay estimated for this investment is US$ 2 million.

PROJECT LOCATION

Moonlight Fresco Ltd banana farm is located in South Tongu, Ada East, and Ada West Districts between the Tojeh and Kpotame villages on the 120km peg on the Accra – Region Aflao highway in the Greater Accra

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