Sh2.3tr-worth cement company secures TIC licence

TIC executive director Geoffrey Mwambe.

What you need to know:

  • Executive Director of Tanzania Investment Centre (TIC)-Mr Geoffrey Mwambe reveals that the centre has already provided the Chinese controlled--Sinoma and Hengya Cement (T) Ltd with the requisite incentives amid the construction of the $1 billion (about Sh2.3 trillion) cement manufacturing plant in Tanga Region.

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