Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
MWANZA, Tanzania – Tanzania's Motisun Group, through its subsidiary, MM Integrated Steel Mills Mozambique, is setting up a mini steel mill in Nacala, Mozambique.
The group, engaged in production and manufacturing of steel owns similar mills in Uganda, Zambia and Tanzania.
This year the group aims at commissioning and beginning commercial production of three of its on-going projects.
These are a steel plant at Nacala, Mozambique, a fruit processing, juice filling and packaging plant in the Bagamoyo District, Tanzania and a copper cable plant in Ndola, Zambia.
MM Integrated Steel Mills Tanzania spokesman Abubakar Mlawa admitted that the Nacala plant is in its final touches although he could not disclose the exact date for the launching.
"We have such plants in Uganda, Zambia and Tanzania and we may need to expand more," Mlawa said. He declined to talk figures on how much the Nacala plant would cost.Motisun Group has a multi-million dollar investment in steel, mining, cement, plastics, paints, food processing, hospitality, construction and cable.
Its investments are in Tanzania, Zambia, Uganda, Mozambique, Congo-DRC, Malawi and Sudan.
In Zambia, Motisun Group invested more than $40 million for the establishment of a roofing sheets manufacturing plant.
The Zambia plant for corrugated roofing sheets has an installed capacity of 4,000 tonnes a month and employing 200 people.
The MM Integrated Steel Mills Ltd plant in Dar es Salaam has an installed capacity of 24,000 tones of corrugated iron sheet per annum.
In Uganda MM Integrated Steel Uganda Limited, is one of the leading manufacturers of steel in the region.
MM Integrated Steel Mills, Uganda was set to produce 50,000 metric tonnes of steel products a year including iron bars, iron sheets and storage tanks with direct job openings being around 1,800 people.
MMI began in Tanzania about 18 years ago with the main focus in steel and has set a footing into other industry sectors including hotels, carbonated drinks, plastics and paints.
The steel business began growing in Africa when they invested $50 million in a new manufacturing facility in Lusaka, Zambia, which became operational in 2010---this was followed up by the Ugandan plant.
The company operates some big hotels in Tanzania and has started building an iron mining plant at Mchuchuma, Southern Tanzania.
Motisun Group has become one of the most successful business brands in Tanzania and East and Central Africa.
http://busiweek.com/index1.php?Ctp=2&pI=2171&pLv=3&srI=49&spI=27&cI=10
Any private company bigger than Motisun in EA?
Yule-Msee, NairobiWalker, lawmaina78, waltham, Dhuks, Askari Kanzu, kadoda11
