PrimePork Foods — Implementation Roadmap
The phase milestones and dependencies and the phased build and ramp from financial close underpinning PrimePork.
Section 9 · Business Plan
Implementation Roadmap
The phase milestones and dependencies and the phased build and ramp from financial close underpinning PrimePork.
The programme runs over 60 months from financial close in three
phases, with dependencies flowing from plant construction and
certification through capacity ramp to export activation and vertical
integration. Critical-path items are financial close and facility
acquisition (months 0–4), plant construction and deboning-line
commissioning (months 2–18, precondition to any revenue), Pork 360/HACCP
certification (months 10–20, gating premium contracts), and export
registration (months 18–28, gating Year 2 export revenue).
9.1 Phase milestones and dependencies
| Milestone | Target | Depends on | Gate |
|---|---|---|---|
| Financial close | M0 | Capital stack + revolver committed | Board + funders |
| Facility secured & construction start | M4 | Close; site; permits; EIA | Legal/planning |
| Deboning lines commissioned | M18 | Construction; machinery; skilled labour | Ops readiness |
| First processing @ 3,500/week | M18–20 | Lines; carcass supply contracts | First revenue |
| Pork 360 & HACCP certified | M20 | Systems; audits; QA team | Premium contracts |
| Retail & food-service contracts | M22 | Commercial team; certification | Contracted volume |
| FSSC 22000 & export registration | M28 | Food-safety systems; DALRRD | Export gate |
| Export launch (SADC/Indian Ocean) | M34 | Registration; buyers; frozen capacity | Export revenue |
| Capacity to 7,000/week | M36 | Utilisation proof; expansion capex | Scale gate |
| Vertical integration (farms/feed) | M42–58 | Cash generation; board decision | Phase 3 |
9.2 Programme governance and ramp discipline
Execution risk is concentrated in the first two years — plant
construction, certification and the demand ramp. The Company will run
the programme under formal governance: a board programme committee,
milestone-based drawdowns against construction and commissioning
certification, and — critically — capacity expansion phased against
contracted demand rather than installed ahead of it.
- Tie expansion to contracts. The move from 3,500
to 7,000 and then 11,000 pigs/week draws expansion capex only against
demonstrated utilisation and contracted offtake, protecting against a
plant running below breakeven throughput. - Certify before you sell premium. Pork 360, HACCP
and FSSC 22000 gate the premium retail and export contracts that carry
the margin; the certification path is sequenced ahead of the commercial
push. - Fund working capital deliberately. Carcass
inventory, WIP, frozen stock and retail debtors are funded from the R67m
WC tranche plus the revolver; treasury manages the build-up that scales
with revenue.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of PrimePork Foods South Africa (Pty) Ltd.