PROJECT DESCRIPTION
Demand for soybean and its derivatives (soyabean oil and soybean cake) is very high. Soybean is imported for the extraction of oil for local and export markets.
The resulting soybean cake is processed into poultry and fish feeds. The quantity of soybean grown locally is very low (1mt/ha). Improved technology of production is needed. Mechanized production of soybean on a commercial scale under irrigation, will improve yields to about 6 mt/ha thereby increasing yield, productivity, and profitability.
PROJECT SCOPE
Strategic options include the large-scale cultivation and processing of soya into soya milk, soya oil, and poultry and fish feeds.
INITIAL CAPITAL OUTLAY
The capital outlay is estimated to range from US$ 1- 3 million depending on the production scale.
PROJECT LOCATION
Proposed projects can be located in the Brong Ahafo or the Northern part of Ghana where soybean thrives.