Tanzania to Set Up $3 Billion Fertilizer Plant

Google+ Pinterest LinkedIn Tumblr +

Tanzania expects to begin construction of a fertilizer plant in Kilwa, Lindi in southern Tanzania by the end of 2016 in collaboration with Germany, Denmark and Pakistan.

The Tanzania Petroleum Development Corporation (TPDC) has reportedly signed an agreement with German firm Ferrostaal Industrial Projects; Danish industrial catalysts producer Haldor Topsoe and Fauji Fertilizer Company of Pakistan to develop the plant.

The plant which will use natural gas resources and coral reef is expected to produce 3, 800 tons of manure daily and employ more than 5, 000 people.

Agriculture contributes to more than a quarter of the east African nation’s economy. Fertilizer from the plant will be used to improve the sector’s growth and the surplus exported to foreign markets.

Currently, Tanzania imports most of its fertilizer.

“The plant will be Africa’s largest fertilizer producer,” an official statement from the Tanzanian President John Magufuli said.

The announcement followed talks between Magufuli, the German Ambassador to Tanzania Egon Kochanke and his counterpart from Denmark, Eina Hebogrd.


About Author

Leave A Reply