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Wednesday, April 17, 2024

EPZA woos investors to automotive industry

DAR ES SALAAM: THE Export and Processing Zones Authority (EPZA) has urged investors to grab opportunities in the automotive industry particularly in vehicle and spare partys manufacturing to reduce import bill.

“There are immense opportunities in the automotive industry particularly in the manufacture of various car parts whereby currently motorists rely mostly on imported products,” said EPZA Promotion Officer, Ms Blandina Mwasamwene said recently during a tour to over 20 industrial investors licenced by EPZA in Dar es Salaam to pursue investments in Export Processing Zones (EPZ) and Special Economic Zones (SEZ).

The EPZA provides licences and various incentives to investors seeking to pursue investments in EPZ and SEZ areas.

The Director of Spincast Engineering Yusuph Khalfan said the factory, which is owned by local investors by 100 per cent, engages in the manufacture of car and machine parts using modern mechanical engineering technology.

“We are making all types of cylinder liners or sleeves that meet the international standards,” he said.

He said also they have ‘foundry machinery’ for making various equipment parts for machines and vehicles.

He said Spincast Engineering that employs 20 people is licenced by EPZA and is dealing with the manufacturer of various parts for vehicles and machines.

Also Read: EPZA, FSD Africa ink deal to unlock sustainable financing solutions

He said the factory is also providing skills development to the youth on how to operate the modern machines for making various parts for vehicles.

The factory is also targeting African market particularly in South Africa, Nigeria, Zambia and Democratic Republic of Congo (DRC).

SB Plastics EPZ Limited Administration and Human Resources Officer, Gabriel Richard said the factory deals with recycling of plastic bottles. He said after sorting them, the plastic bottles are shredded with a machine into tiny pieces called flakes for exports to different countries.

The factory that started its operations in 2013 employs 93 people as direct jobs where 87 are Tanzanians and the remaining are foreigners.

The factory offers indirect jobs to many people who are engaging in the collection of empty bottles in different parts of the city.

Since we are licenced by EPZA to operate in EPZ area, the factory’s products are exported by 100 per cent to South Africa and Morocco, and in Europe are Germany, Turkey, as well as in Asia including China, India.

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