ADDIS ABABA: Malaysian listed firm DXN Holdings Bhd is planning to set up a mushroom farm in Ethiopia.
The initial investment outlay is 285 million Ethiopian birr (RM89.5 million) for the first of its kind mushroom production facility in the African nation.

The farm will grow various types of mushrooms and produce packed food and other products for the domestic and export markets.

The company plans to develop and cultivate a 60ha mushroom farm around Lake Shala, where it will also set up the mushroom production facility.