Govt Approves US$51M Agriculture Deal With John Deere

The government of Zimbabwe had approved a US$51 million agriculture deal with farming equipment manufacturing company John Deere. The deal provides that the manufacturing company shall provide machinery, training and loans to farmers.

Addressing reporters at a post-cabinet media briefing in Harare this Tuesday,  the Minister of Information, Publicity and Broadcasting Services, Senator Monica Mutsvangwa said:

In a major boost for the Farm Mechanisation Programme, Cabinet approved a US$51 million Facility to be financed by John Deere which was presented by the Minister of Lands, Agriculture, Water, Climate and Rural Resettlement. The Facility will involve the supply of agricultural mechanisation equipment so as to increase agricultural productivity and viability.

The minister added that the equipment to be imported under the deal includes 80 combine harvesters, 1 300 tractors, 200 disc harrows, 400 planters, 200 seed drills, 100 boom sprayers, 100 tipping trailers and fast-moving spare parts for each of the equipment and machinery.

More: ZBC News 

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