The United Republic of Tanzania

TANZANIA INVESTMENT CENTRE



SIEMENS TO SUPPORT TANZANIA’S DEVELOPMENT GOALS THROUGH INVESTING IN THE ENERGY SECTOR. .


Siemens (PTY) Limited is planning to invest in the power generation sector off which they are aspiring to produce about 1000 Megawatts of power by which 800 Megawatts is expected to be generated using our natural gas.


Speaking at TIC today, Stephan Luyt the South Africa Regional Account Manager said; Siemens is prepared for this initiative and we can structure any type of proposal including 100% financing solution.
 

The TIC Executive Director Mr. Geoffrey Mwambe said TIC is excited about this initiative and we believe that reliable and extensive power supply system is the fundamental pre-requisite for economic growth and we shall sit down with Siemens to map out the road map which will assist towards the facilitation and implementation of this initiative.


“We believe that this project would be very crucial in improving sectors like energy, manufacturing which would automatically support our industrialization agenda and agricultural sector since Siemens is planning to furthermore engage in the cheap automation of the agricultural solutions” added Mr. Mwambe.

 









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