The project follows a 50-year land lease agreement for the development of a state-of-the-art grain storage and processing facility.
The deal also includes the construction of 90,000 tonnes of steel silo storage, supporting integrated grain handling.
The MoU aligns with broader industry efforts to localise sourcing and reduce exposure to supply disruptions.
With the addition of the new 1,600 TPD capacity to the existing 600 TPD facility, Marata Group’s total installed flour milling capacity will reach 2.200 TPD.
The merged company will become a dominant player in the production and marketing of flour and cereal-based products, with a diverse portfolio spanning pasta, biscuits, breakfast cereals, cereal bars, and industrial flours.