Premiercon Starch Company Limited will set up a cassava processing company in the newly-created Kalumbila District in North-Western Province at a cost of 3.5 million euros.

The local firm has partnered with Dutch Agricultural Development and Trading Company BV (DADTCO) to establish the firm.

Premiercon Starch Company Limited is a Solwezi-based startup company specialising in promotion of high yielding and short maturing varieties of cassava amongst smallholder farmers and subsequently provide market for the raw tubers.

DADTCO is a Netherland's private sector company, established in 2002, which bases its approach on the combination of private entrepreneurship with a social vision.

Mr Yuyi said the partnership would form the bridge between the smallholder cassava farmers and Fast Moving Consumer Goods (FMCG) industries with breakthrough world-class technologies such as DADTCO patented Automobile Processing Units (AMPU) and enzymatic processes.