Tanzania: CPB to construct three maize flour and paddy processing plants to win

Published Jul 9, 2022

Tridge summary

CPB, a Tanzanian food processing company, is set to invest 13 billion/- in building new factories in Dar es Salaam, Mwanza, and Mbeya, as part of its infrastructure development plans. The company aims to increase its storage capacity from 120,000 tons to 600,000 tons and boost the value of cereal production from 137,000 tons to 600,000 tons annually. To address the shortage of barley seeds, CPB plans to import 5,000 tons of seeds and revive barley farming in Tanzania, with the goal of achieving one million tons of wheat production by 2025. The company is also encouraging farmers to enter into contract farming and is training them to reduce post-harvest losses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The factories to be constructed in the regions of Dar es Salaam, Mwanza and Mbeya, will see CPB investing an estimated 13billion/- upon completion. Currently, CPB owns seven processing plants in the regions of Dar es Salaam, Arusha, Dodoma, Mbeya and Morogoro. Addressing reporters on Thursday evening at the climax of the ongoing 46th International Trade Fair held in Dar es Salaam, CPB Director General Dr. Anselm Moshi said that the board has been allocated with 20.5billion/- in the 2022/23 budget for financing infrastructure developments projects that also involves construction of large storage facilities for farm products it handles. “The board is finalizing tendering processes for the construction of a maize-cassava composite flour processing plant in Mwanza city. The factory has the capacity of processing 125 tons a day. The factory’s value is 5bn/- upon completion,” said Dr Moshi. According to him, the second plant will be constructed in Kyela district Mbeya region. It is ...
Source: IPPMedia

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