BUSINESS

Farmers Owned Sireet Tea Factory Begins Operations

Share
Sireet Tea Factory
The ultra modern Sireet Outgrowers Empowerment & Producer (OEP) Tea Factory at Kamarich in Aldai, Nandi County. The factory was commissioned by Deputy President William Ruto. [ Photo / Twitter ]
Share

Tea farming in Nandi County has received a major boost following the commissioning of the Sireet Tea Factory owned by smallholder farmers. Construction of the factory, located in Kamarich, was fully financed by National Bank of Kenya (NBK).

The plant has injected an additional daily processing capacity of five million kilogrammes of green leaf annually, to meet growing demand from increasing acreage of tea planted in the area.

The new factory is owned by Sireet Outgrowers Empowerment and Producer (OEP) Company that has 6,235 members, drawn from small-scale farmers. It is the second factory owned by the firm that also runs another two-line that can process 98,000 kilogrammes of green leaf daily.

NBK’s Board Chair, John Nyerere, said: “We are excited to be part of the transformational journey of Sireet. It is a demonstration of the huge strength in unity. It shows the huge potential that can be unlocked when investors come together, with a common purpose, and receive the right backing”.

Tea is the main cash crop grown in Nandi County. Formed in 2005, Sireet Outgrowers Empowerment and Producer Company owns a 7,000-acre tea estate. It employs 240 people, besides owning commercial forests, and running Sireet OEP Guesthouse, a school, dispensary and staff housing in the area.

“The commissioning of this new factory is a milestone. It significantly enhances our ability to produce quality tea products for the whole world,” the chairman of Siret OEP, Mr Wilson Tuei, said.

“We are grateful for the great support from NBK that has helped make this a reality. Besides adding capacity to process our members’ produce, this also will also create wealth and job opportunities”.

See Also >> Tea Prices Drop Over High Supply Volumes

Written by
BT Correspondent -

editor [at] businesstoday.co.ke

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Kenya Pipeline Company shares traded above IPO price on day one at the NSE
BUSINESSENERGYFEATURED STORYNEWS

Kenya Pipeline Company Shares Trade Above IPO Price on Debut at NSE

Kenya Pipeline Company Shares have officially began trading on the Nairobi Securities...

US Israel war with Iran
AVIATIONFEATURED STORY

Kenya: How the Middle East Conflict Will Affect You

Kenya relies on the Middle East for fuel supply, with close to...

JetBlue Carrier
AVIATIONBUSINESSECONOMYFEATURED STORY

Kenya Airways in Codeshare Deal with JetBlue to Strengthen North America Connectivity

Kenya Airways has signed a unilateral codeshare partnership with US-based carrier -JetBlue,...

BUSINESSECONOMYENERGYFEATURED STORYNEWS

KenGen Drops Agoi in Major Restructuring of its Board of Directors

KenGen (Kenya Electricity Generating Company) has reorganised its Board that has seen...