Tanzania is set to begin construction of a fertilizer plant at a cost of $3 billion this year.
Tanzania announced the construction of plant on Friday 20th May 2016 with partnership of consortium of investors from Germany, Denmark and Pakistan.
According to a statement from the president’s office, the factory will use natural gas o manufacture fertilizer.
Tanzania an east African country imports most it fertilizer announced on February natural gas deposits have been discovered an additional 2.17 trillion in an offshore.
The discovery raised the country’s recoverable natural gas reserves to more than 57 trillion cubic feet.
Natural gas is one of the hydrocarbon sources of Ammonia, a key fertilizer ingredient.
The plant will built in southern Tanzania near big offshore gas finds is expected to be commissioned in 2020.
Kenya another East African nation is set to build a fertilizer plant in Kitale.
Fertilizer plants in Tanzania,Kenya expected to have huge effect on agriculture and economic development.
