Famsun, one of the world’s leading feed milling equipment suppliers, signed framework agreement to support agri-food industry development in Madagascar.
Famsun Co., Ltd and Embassy of the Republic of Madagascar had signed a strategic cooperation framework agreement to promote agri-food industry development, economic growth, and people’s livelihood improvement in Madagascar.
The agreement was signed by Greg Liu, Director and President of Famsun International, and H.E. Robinson Jean Louis, ambassador of Madagascar to China on the 2021 China Overseas Investment Fair (Yangzhou) & Yangzhou Conference for collaborative Projects of Belt and Road Initiatives on June 17, 2021.
Madagascar’s national economy is dominated by agriculture, and the agricultural population accounts for more than 80% of the country’s total population. “As an integrated solution provider and a technology partner in the farm-to-table industry chain, Famsun is committed to creating a secured, affordable and sustainable food future and making life better for all,” said Greg. “We are willing to participate in the construction of modern agri-food systems to improve local food security and the incomes of people who depend on it for livelihood worldwide.”
According to Famsun, the company has been active in Africa for more than 15 years. It helps to improve local food security through delivering the continent feed plants, poultry farms, rice mills, oilseed processing plants and grain storage terminals. Famsun’s manufacturing base in Egypt and offices in Africa also employ local talents and make contribution to local economies. In Madagascar, Famsun started to participate in the construction of local food system by partnering with one of the country’s largest conglomerates – the STMP Group – to build a state-of-the-art animal feed mill in 2010.
“The Strategic Cooperation Framework Agreement lays new foundation for Famsun to nourish long-term partnerships with Madagascar’s agri-food producers and associated industries,” said Greg. “And we believe Famsun’s advanced solutions and local services will help local farmers and producers create added value by developing agri-food industry locally.”
H.E. Robinson Jean Louis, ambassador of Madagascar, highly appreciated Famsun’s development ideas in Africa and its efforts to local food security after visiting the company’s headquarters on June 18, 2021. He encouraged Famsun to participate in the Madagascar Revitalization Plan and deepen exchanges and cooperation with Madagascar enterprises. “I feel confident that with Famsun’s participation, the industrialization and modernization of Madagascar’s agribusiness will go further.” he commented.
