- The Old Mombasa Road will be upgraded to meet the requirements of the Nairobi Expressway.
- Tanzania would be one of the top economies in 2023
- Project Timeline and Information for the Tanzania Standard Gauge Railway (SGR)
- Tanzania exceeds expectations, according to the global innovation index
- AIIF4 invested USD 34 million and supports Kenyan Road Annuity Programme
- Anchor Developments plans to launch in 2022 or 2023 with an investment of EGP 10 Billion
- FSD Eyeing Ethiopian Investment Opportunities; CEO Demands Peace Agreement to Boost Economic Growth
- Tanzania's Bagamoyo Port will be expanded as part of the largest project in East Africa
- Tanzania's Dodoma Stadium, the largest stadium in Africa
- Ethiopian investor plans to build a USD 1 billion WA Cement Factory
Tanzania: Crown Invests Sh321 Million in Dar es Salaam Plant
Crown Paints has invested $3.6 million (Sh321.59 million) in a new manufacturing plant in Dar es Salaam, it announced yesterday.
The money will be released in bits over the next 18 months. This will be its third after Arusha and Mwanza where it already has a presence.
“This is our second step into the Tanzanian paint industry, since we have already established a mini plant in Arusha and distribution depots in Arusha and Mwanza,” chief executive Rakesh Rao said in a statement.
The Nairobi Securities Exchange-listed firm also has presence in Uganda, Rwanda, South Sudan and Burundi.
“Our export markets sales volume increased by 50 per cent in 2013. With robust marketing and distribution this year, we hope to maintain growth in these countries,” Rao said.
Posted on : 30 Nov,-0001
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