A factory that will produce multi-purpose gas tanks will be set up in Mkuranga District, Coast Region, at an estimated cost of US$25 million (about Sh60 billion), Minister of State in the Prime Minister’s Office (Investments), Ms Angellah Kairuki, has announced.
She told reporters in Dar es Salaam recently after talks with an Egyptian investor, Dr Moharram Helal of Supreme Holdings, that there would be no longer import of tanks when the plant became operational.
However, the minister neither specified over when the construction will kick off nor did she state the start of production. The plant, according to the minister is set to “employ 300 Tanzanians and 30 Egyptians when it starts production.”
The minister acknowledged further that the plant will produce 1,000 tanks daily, and will be able to fill with gas 3,000 tanks of 15 and 30 kilogrammes daily. However, the government has asked the investor to consider producing tanks with capacity below 15kgs.
“We consider a plant of this nature as a very important strategic investment. Once it becomes operational, we shall no longer import such tanks. So this is an important area of investment in our agenda to make Tanzania a middle-income industrial country by 2025,” she said adding:
“We have assured him Tanzania is right place for rewarding investments and I have encouraged him to deal directly with the TIC.”
She called on the Tanzania Investment Centre (TIC) to give the investor all the necessary help, and appealed to all investors to engage directly with TIC, instead of using middlemen.
Dr Helal thanked the minister for good cooperation accorded to him, saying Tanzania was a good place for investment. He pledged to build speedily the plant.
Dr Helal was accompanied by the General Manager of Intergas, Dr Hatem Ahmed.