The Deputy Minister for Energy and Mineral Dr Charles Kitwanga
Liganga projects will increase government revenue by 252.4bn/- annually for the 50 to 100 years, the National Assembly was informed yesterday in the capital Dodoma.
The Deputy Minister for Energy and Mineral Dr Charles Kitwanga told
the House that the projects will benefit the locals providing some 3049
jobs along with other indirect benefits.
“The projects are estimated to continue for 50 years in Liganga and 100 years in Mchuchuma,” he detailed.
He noted that because the projects will last for so many years, the
government is working on how to accrue benefits for future generations
to match the anticipated increase in cost of living.
The minister was responding to a supplementary question by special
seat MP Rita Kabati who had wanted to know which stages the government
has reached in utilising the resources available at Ludewa.
Responding, Dr Kitwanga said the government has issued a licence No
SML 533/2014 for extracting iron at Liganga to Tanzania China
International Mineral Resource Limited (TCIMRL), the licence will expire
October 2029.
TCIMRL is a joint venture company with the National Development
Cooperation (NDC) owning 20 per cent and Sichuan Hongda (group) Company
Limited amassing the lion share of 80 per cent of all stocks.
“The TCIMRL company continues with preparations to open an iron
mine in Liganga together with the establishment of a steel plant and
coal mine at Mchuchuma” the deputy minister explain
He elaborated that the same iron resources have been also
discovered in Morogoro and Itewe in Mbeya, but the Liganga deposits
offer the greatest investment opportunity.
The Liganga iron ore mine and Iron and Steel Complex are expected
to produce one million metric tonnes of iron and steel products,
vanadium pentoxide and titanium dioxide.
NDC on behalf of the government in September 2011 signed a Joint
Venture Agreement with Sichuan Hongda Group limited to implement the
project.
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