We are pleased to highlight a unique opportunity to potential investors to consider establishing an innovative, export-oriented medicinal mushroom facility in the East London Industrial Development Zone (ELIDZ).
This innovative prospect indicates the production of Reishi and Turkey tail mushrooms, which are in high global demand and processing to dry or powdered and liquid extract.
Imagine a capital investment cost of R101.8-million into a facility measuring 8000 sqm, potentially reaching break-even in the second year of operation and having an average Net Present Value (NPV) over the lifespan of the project of R262.4-million at 8 percent discount rate, and an IRR of 28.8 percent. Contemplate the creation of about 39 permanent jobs and an additional 402 construction jobs, significantly contributing to the local economy.
Beyond financial possibilities, the facility may have the potential to inject R20-million into annual GDP contributions and R119-million into households during construction phase, with R41-million a year in household income.
This represents a prime investment opportunity in a world-class industrial platform, offering operational benefits such as rental holidays, tax incentives and other benefits.
Potential investors are called upon to consider the ELIDZ as the preferred location due to access to essential infrastructure and amenities, proximity to major transport routes, availability of value-added industrial land, incentives including tax exemptions, making it an ideal choice for ensuring the opportunity’s operational success and long-term profitability.
Join the ELIDZ’s vibrant aquaculture and agro-processing space today, and be part of a region committed to innovation, sustainability, and global market success.
Contact
For more information, contact Mr Ntobeko Bacela, Manager: Aquaculture & Agro Industry Sector at East London Industrial Development Zone (ELIDZ):
