IT is estimated that about 5,000 jobs will be created by the envisaged 4 trillion shillings plus worth project in Kilwa, Lindi Region.
FOR the first time in the country’s
history, the Tanzania Investment Centre (TIC) has officially received an
application for the registration of a mega fertilizer plant project
worth 1.9bn US Dollars (over 4 trillion/-).
Ferrostaal Industries Project GmbH, the
Germany investor in the project, submitted its application documents to
TIC yesterday for the construction of the mega fertilizer plant in
Kilwa, Lindi Region.
It will be implemented jointly with
Danish shareholders -- Holdor Topsoe A/S -- will be registered under the
name of Tanzania Mbolea and Petrochemicals Company Limited (TAMCO).
Tanzania Petroleum Development
Corporation (TPDC) is also a shareholder in the project. According to
the TIC Executive Director, Mr Geoffrey Mwambe, the project will create
4,800 direct job opportunities of which 300 will be filled by
expatriates.
The plant is expected to run on natural
gas with a consumption rate projected at 104 million standard cubic feet
per day (104mmscfd). Mr Mwambe said the plant is exp
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