A bamboo plantation management company in Kenya has expanded its operations to Uganda.
African Plantation Capital’s directors on Thursday signed all the requisite documents to integrate the firm in Uganda, but still under its Kenyan parent enterprise, Africa Plantation Company-Kenya.
The company also deals in other agroforestry enterprises.
In the plan in which the company is targeting the entire East African region, APC-Uganda will operate as APC-Kenya’s proxy, while setting up infrastructure for its own nurseries and bamboo plantations.
“We similarly plan to take in the management of at least 3,000 acres of bamboo plantations in the next four years in Uganda, aiming to process it for the local charcoal market and other end products,” said the firm’s regional managing director for East Africa, Mr Konstantinos Kioleoglou.
The company has already signed an MoU with the Uganda Bamboo Association Ltd to promote bamboo.
APC-Kenya is a member of the APC Group, which manages more than 160 plantations in Thailand, China, India, Malaysia, Myanmar, Sri Lanka, and the US and have been operational in the country since last year.
The group plans to have 5,000 acres of bamboo plantations in Kenya in five years.
“We similarly plan to take in the management of at least 3000 acres of bamboo plantations in the next four years in Uganda, aiming to process it for the local charcoal market and other end products,” Mr Kioleoglou said.
This development is in line with the firm’s policy of establishing strong partnerships with private and public institutions and stakeholders according to Mr Kioleoglou.