- Record breaking figures at Kenya's biggest construction trade exhibition
- $2 Billion Massive New Nairobi Airport to be Constructed in Kenya
- Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project
- KeNHA Unveils Strategic Sh394 Billion Plan to Construct Major Highways in Kenya
- Ruto’s Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya
- Tanzania's Modern Industrial Park Project on Course with 3.5 Trillion Investment
- African Development Bank Greenlights $696.41 Million for Phase 2 of Tanzania-Burundi-DRC SGR
- Biggest construction trade exhibition announced in Nairobi at KICC
- President Ruto's Vision of Affordable Housing Projects Taking Shape in Kenya
- Ethiopia Receives $720 Million in Funding for Road Construction Project
Tanzania: U.S. Firms to Invest in Sisal
Tanga - TWO American companies will invest USD 10m/- in sisal and enable the sector produce biogas electricity and sugar from sisal plants.
Sisal Quality Control Officer from Tanzania Sisal Board (TSB), Mr Yunus Mssika, told the 'Daily News on Saturday' that initial talks between TSB and the prospective investors have taken place after preliminary research and cost analysis. He said the production of sugar and bio gas would increase the value of the sisal.
In other sisal growing countries like Brazil and Mexico, sisal plants are maximally used and the countries earn a lot from the sisal sector.
"We need to revolutionise the sector, investors like these are good for our country...through investment the value of sisal plant can increase." he said.
He added that through sisal many items including building materials, bio-gas, manure and industrial materials are produced, adding value and increasing the national revenue. He mentioned the companies as TIERA Group which had shown the interest of investing in sugar production and U.A.G.E.S would concentrate on bio-gas development schemes.
He further said the research conducted by the companies' experts show that Tanzanian sisal has a lot of sugar, which could be processed for domestic and even outside market.
Clarifying on the biogas project development, Mr Masika said that once the project was over, it would increase the electricity supply of National Grid.
"Apart from increasing electricity, our farms also will have reliable power supply to run machinery which in the long run will reduce production costs," he explained.
He said sisal production in the country has been increasing annually after the revival of the old farms.
Source : allafrica.com
Posted on : 30 Nov,-0001
Buildmart is Africa's leading directory and market news website for the building and construction industry | Kenya | Tanzania | Rwanda | Ethiopia
Exhibitions In Africa
- 25th Buildexpo Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 09th Afriwood Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 09th LightExpo Kenya 2024
KICC, Nairobi, kenya
05 - 07, June 2024 - 08th Minexpo Africa 2024
KICC, Nairobi, Kenya
05 - 07, June 2024 - 25th Buildexpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th Afriwood Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th LightExpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th Minexpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024