JUFEEL International Group from China in collaboration with PMAS Company Tanzania plan to invest 20m US dollars in the aloe vera industry.
PMAS Tanzania Director General, Otieno
Igogo, said over the weekend that the industry will help in the
production of medicines and other products associated with aloe vera
plant.
“The project will be implemented after
research on some of the products that have been produced by Jufeel
International Company in order to ascertain on our investment,” he said.
Igogo spoke shortly after the signing of
an agreement with Jufeel international to form the collaboration
towards the production of aloe vera products. Aloe vera is a plant
species of the genus Aloe. It is grown in wild in tropical climates
around the world and is cultivated for agricultural and medicinal uses.
Aloe is also used for decorative
purposes. In Tanzania the plant is mainly grown in Morogoro and Dodoma
regions, among other areas.
Meanwhile, Jufeel international Company
also signed an agreement with the National Institute for Medical
Research (NIMR) to carry out reaserch on the aloe vera medicines to
identify the possibility of using the plant on curing various diseases.
The agreement was signed on Thursday by
NIMR Director General Prof Yunus Mgaya and THE Chief Executive Officer
(CEO) of the Chinese firm, Dr Brad Zhang.
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