Algeria, June 20, 2018

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Kenya’s Oserian Development Company Signs Deal with France-Based Flower Breeder as Firm Branches into Real Estate Sector

Oserian Development Company Limited, a Kenya-based horticulture firm, has signed a deal with French flower breeder, George Delbard to set up a show-house at its new Flower Park.

The move is part of the company’s diversification plan into an industrial park and real estate. This has seen the company establish an investment arm named Oserian Two Lakes to manage the park.

George Delbard will use the facility to avail flower exporters in Kenya and the region with new varieties in the novelties range (special flowers).

The agreement was signed between Two Lakes Managing Director Robert Ward and Delbard Chairman Arnold Delbard this June.

“We are very pleased to welcome Delbard our newest tenant to the flower Park as they set up their East African show house,” said Robert Ward.

Delbard is the second flower breeder to sign up space at the park after Netherlands-based Select Breeding Company, while Oserian is the largest flower farm on the shores of Kenya’s Lake Naivasha. Having been established in the late 1960s. The farm currently grows 160 hectares of roses, 40 hectares of carnations and 25 hectares of green fillers.

Oserian Two Lakes covers approximately 20,000 hectares in a diversification plan that will include residential estates, commercial and industrial parks, agroprocessing factories, hotels, leisure parks and wildlife sanctuary among other amenities. Once complete, Oserian says that the project it will create 20,000 jobs.

“Our entry into the Oserian Flower Park will allow us to bring new varieties to the Kenyan market. We choose the Oserian Flower Park because it is in Naivasha, the hub of flower business in Kenya therefore a convenient location for customers to see our varieties,” said Delbard.

The Oserian Two Lakes project will create a town within Naivasha with the proximity to a rich geothermal power source at Kenya’s Olkaria area, ensuring access to cheap electricity especially for businesses. It is also betting on Kenya’s famous Standard Gauge Railway to grow businesses in the region.

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