Balmed plants 400 hectar cocoa in a joint partnership with AMS B.V. under the Private Sector Investment Programme

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Balmed plants 400 hectar cocoa in a joint partnership with AMS B.V. under the Private Sector Investment Programme

In a joint partnership with the Dutch Private Sector Investment Programme (PSI) Balmed establish 400 hectar cocoa plantation in close cooperation with the Dutch agriculture firm AMS B.V. as lead implementing agency. The project is a partnership between Theobroma B.V., Capitol Trading Company, Commodity Trading Company and Balmed Holdings, jointly forming AMS B.V. The project outcome will be a 1000 hectar cocoa plantation using the Blockfarming System and 280 youths benefiting from increased income through the sales of cocoa and intercrops.