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Chinese Company to Build $12.5 Million Cement Plant in Tanzania

Discussion in 'Biashara, Uchumi na Ujasiriamali' started by Invisible, Jun 13, 2010.

  1. Invisible

    Invisible Admin Staff Member

    #1
    Jun 13, 2010
    Joined: Feb 11, 2006
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    By Wilfred Mwakalosi

    June 12 (Bloomberg) -- Lee Building Materials Ltd., a Chinese company, plans to start construction of a $12.5 million cement factory in Tanzania in September, said the company’s country representative, Feng Hu.

    The plant, located about 250 kilometers (155 miles) south of Dar es Salaam, will have a capacity of 300,000 metric tons a year, he said by phone today.

    The factory will add to Tanzania’s cement surplus. The country produces 3 million tons a year, compared with demand of 2.1 million. Local producers complain that they can’t compete with imports from Pakistan, China and India following a cut in import tariffs to 25 percent from 40 percent in 2008.

    Local cement producers include units of Germany’s HeidelbergCement AG, France’s Lafarge SA and Tanga Cement Co. Ltd.
     
  2. K

    Kituko JF-Expert Member

    #2
    Jun 13, 2010
    Joined: Jan 12, 2009
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    good newz, labda tunaweza kujenga vibanda vya kujificha tukiwa na matumaini ya cement itashuka bei
     
  3. Abdulhalim

    Abdulhalim JF-Expert Member

    #3
    Jun 13, 2010
    Joined: Jul 20, 2007
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    Dude don't get ur hopes high.

    Hao watakuwa wanahitaji viwanda kwa ajili ya mahitaji yao au kuuza nje, as simple as that, sidhani kama itasaidia chochote kwetu sisi. Wanachofanya ni kuja ku-exploit raw materials ambazo wanajua nchi nyingine wasingezipata kwa urahisi (tofauti na hapa kwetu a.k.a shamba la bibi) kutokana na usimamizi thabiti.

    Thats China 4 u!
     
  4. K

    Kituko JF-Expert Member

    #4
    Jun 13, 2010
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    yah inawezekana
     
  5. BAK

    BAK JF-Expert Member

    #5
    Jun 13, 2010
    Joined: Feb 11, 2007
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    Pamoja na cheap labour ili kuongeza profit margin yao

     
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