Categories: Zim Latest

CSC set to reopen this April, after 20 years

The Cold Storage Company (CSC) is set to re-open in April this year for the first time in 20 years when plant rehabilitation works at the firm’s headquarters in Bulawayo have been completed.

The country’s largest meat processor and marketer was being revamped after the Government in 2019 signed a US$400 million Joint Venture Farming Concession Agreement with Boustead Beef Zimbabwe, a United Kingdom-based investor.

Overall plant upgrade, whose scope of work at the Bulawayo factory involves electrical engineering works, replacement and installation of new spares, is more than 90 percent complete.

CSC formerly Cold Storage Commission used to export high grade beef overseas.

Meanwhile, the value of Zimbabwe’s total exports in January 2022 was US$543.9 million, signifying a decrease of 8.0% from total export earnings of US$591.2 million in December 2021.

Zwnews

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