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Wednesday, July 6, 2022
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alternatetext

East Africa’s Tile Plant to stir employment for 1,000 people

by Alex
March 13, 2017
in Manufacturing
0
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Earlier in the unfolding of the month of March this year, Tanzania’s Premier John Maguguli laid a firm foundation stone of the Goodwill Tanzania Ceramic Company Limited tile plant in the Mkuranga District, north of Dar s Salaam.

The factory has an estimated constructing cost of USD 50 million for the first phase and will be able to produce 80,000 square meters of tiles per day, and will directly employed 1,000 people. Speaking at the event, the Secretary of the Ministry of Industry, Trade and investment, Dr. Adelhelm Meru reminded that under Tanzania’s fifth-phase government lead by President Magufuli, a the total of 2,169 small, medium and large manufacturing industries are registered with the Tanzania Investment Centre (TIC) and are in various stages of completion.

The Chinese Ambassador to Tanzania Hon. Dr. Lu Youqing congratulated President Magufuli for its efforts to promote economic growth in Tanzania and has noted that China will continue to cooperate with Tanzania to promote investment in the country, including in the building industry.

Ambassador Youqing also reminded that the Chinese direct investments to Tanzania China totaled USD 6.6 billion at the end of June 2016 and generated 150,000 direct jobs and 450,000 indirect jobs.

alternatetext

The construction works of the Goodwill tile plant were supposed to start in December 2016.

The roofing tiles produced will be distributed across the member states of the East African Community (EAC), according to Frank Yang, CEO of Goodwill Ceramic Limited.

Tags: East Africa's Tile PlantEast African Community (EAC)FeaturedGoodwill Ceramic LimitedTanzania Investment Centre (TIC)

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

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Alex

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