THE Minister of
State in the Prime Minister's Office, responsible for investment,
Angella Kairuki has welcomed the decision by an Indian investor-
Purandare Industries (T) Ltd to establish a sugar plant
at Dabalo Ward,
Chamwino District in the country's capital-Dodoma.
The kudos by the
minister to the Indian Company came after she visited the area of the
upcoming sugar factory, where she received a progress report on the
construction of the factory from the company's Managing Director, Satish
Purandare.
India-Tanzania
business relations continue growing and the establishment of a sugar
plant is one of the initiatives encouraged by the working tour of the
Indian Prime Minister Narendra Modi in July 2016.
After her tour, Ms Kairuki said that India still remains one of Tanzania's leading Trade and Investment Partner.
And, according to
the company's Managing Director, operations at the factory which will
have the capacity to produce 5,000 tonnes of sugar per year are expected
to kick off in June 2021.
In an interview
with the 'Daily News', Mr Purandare said the first sugar industry in the
country's capital will be located at Dabalo Ward in Chamwino District,
some 80 kilometres from the city centre, and that his company expects to
enter into a contract with farmers within the area to grow sugarcane
for the factory's raw materials.
"I am happy that
the government under President John Magufuli has been giving me a lot of
collaboration, and this is complemented by the minister's visit to our
plant," he said.
This new investment
comes just four years since President Magufuli invited more Indian
investors to come and set up businesses in the country.
The call was made
at the State House in Dar es Salaam, when Indian Prime Minister Narendra
Modi visited the country in July 2016.
At a media
briefing-back then, Dr Magufuli and the Indian leader agreed to deepen
the India-Tanzania ties in business, agriculture, food security, trade,
natural gas and other vital sectors.
In the discussion,
Mr Purandare was optimistic that the investment will play a pivotal role
in improving the economic sphere in Chamwino District.
"Despite providing
permanent jobs for hundreds of farmers, the plant will also stimulate
different socioeconomic activities in the district and the region at
large," he said, adding: "I want to see Tanzanians becoming investors in
their nation."
According to the
company's MD, Purandare Industries (T) Limited intends to provide
technology support and inputs to out grower sugarcane farmers and also
add value to the cane produced.
He said that Dabalo
sugar which will be produced at the high-tech factory will carry its
brand name 'Sukari Halisi'. The new factory comes as a good news as it
will help to reduce sugar deficit in the country.
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