23 July 2014

Tanzania: Project Earmarks Sh16 Billion Cassava Processing in Kibaha

Kibaha — ABOUT 16bn/- has been allocated to cassava processing project expected to be implemented in two phases, jointly by American Company FJS African Starch Development Limited and the Tanzania Investment Bank (TIB) in Rufiji District, Coast Region.

FJS African Starch Development Company Director of Social Services, Mr Deonatus Malegesi, told the Uhuru Torch race leader Rachel Kassanda in Rufiji that, already the Company has a 240 acre farm that will be used in teaching farmers in Nyambunda Village different farming techniques.

"This project will be implemented in two phases. Currently, we are in phase one which is expected to use 6bn/- upon completion.

While, the second phase of the project will cost 10bn/-," he said, adding that small-scale industries will have the capacity to process 60 tonnes of raw cassava and producing 12 tonnes of starch per day.

Mr Malegesi went on to explain that the heavy industries will need 400 tonnes of raw cassava which will produce 100 tonnes of starch per day.

Expounding further, he said that the price for the cassava which will be bought from farmers will be determined by international market prices.

He revealed that the company expects to buy raw cassava worth two billion shillings from farmers for small-scale industry and raw cassava worth 12bn/- for the heavy industry.

A total of 77 projects worth 15.2bn/-s are expected to be launched in Coast Region during Uhuru Torch race.

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