Tanzania to construct a Tractor factory

Tanzania to construct a Tractor factory
Tanzanian government has reassured of its plan to build a factory to manufacture tractors, power tillers and warehouses for storing food crops.

Poland has issued a 110 million US dollars loan to the East African nation for the project according to Daily News.

According to the polish investors the factory will be built in Kibaha city in eastern Tanzania. The construction of the factory is set to begin in October with the return on investment expected to be in 40 years since the price of the tractors will be cheap.

The factory will have eight service centres which will provide new and quality farm implements using modern technology from Europe.