Tanzania is currently building a $300 million Float Glass Factory in Mkuranga District, Coast Region. The factory, which is the largest of its kind in East and Central Africa is scheduled for completion in September this year.
Upon completion, it will have a production capability that can meet and exceed the demand in Tanzania and neighbouring countries. Sapphire Float Glass (Tanzania) Company Limited will be producing 700 tonnes of glass production for the first phase. This according to the company’s managing director and owner, Mr Jack Feng, is more than the country’s 175 tonnes demand.
Therefore, the country’s demand is only 25 per cent of the company’s first production capacity. Additionally, the exportation of 75 per cent of the company’s production will be attracting $75 million (about Sh179.3 billion) in foreign earnings annually.
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Expectations of the Float Glass Factory at Mkuranga to Tanzania’s Economy
Dr Kida insisted that upon completion, the establishment will be the largest float glass factory in East and Central Africa. “This progress on the project is commendable indeed. It is one of the strategic projects which would transform the economic growth of our country,” she said.
With over 80 per cent of raw materials sourced locally, the factory’s operations will stimulate the domestic market. Additionally, Sapphire Float Glass Company will foster economic growth and self-sufficiency, according to the presentation to the PS.
This company will bring in several economic benefits, including a reduction in Tanzania’s import bill for glass products. Additionally, increase in foreign exchange and expanded exports to neighbouring nations.
Importantly, the project is anticipated to create over 1, 655 direct jobs when operations kick off. Additionally, it will generate 6,000 indirect jobs. As part of its future business expansion plans, the company is scheduled to inaugurate a diverse range of glass-related products in Tanzania. These products include glass bottles, cups, car glass and other relevant glass products.
