Lands, Agriculture, Water, Climate and Rural Resettlement Deputy Minister, Vangelis Haritatos has said that Zimbabwe is set to receive farming equipment worth a combined US$102 million within two weeks. The equipment is said to be from USA company, John Deere and from Belarus.
Speaking during Agribank’s annual general meeting in Harare yesterday, Haritatos said that the there are more than1000 tractors, hundreds of planters and a sizeable number of combine harvesters.
In addition to the support they (Agribank) offer to our farmers through the normal banking channels, we will soon be channelling a lot of machines in terms of mechanisation such as tractors, combines and planters through various MoUs that we have signed.
John Deere is a US$50 million facility, (and) the Belarusian facility is US$52 million. We expect the delivery of the John Deere and Belarusian equipment in two weeks.
The deputy minister said that the coming in of Agribank will ensure transparency in the distribution of the equipment to ‘competent’ farmers.
More: The Herald