Tanzania Breweries Limited (TBL) has revealed plans to invest Sh96 billion in its flagship Kilimanjaro Malting Plant, currently under construction in Moshi.
The investment according to the comapany aims to enhance the agricultural sector, improve farmers’ livelihoods, and bolster Tanzania’s economy.
Once completed, the plant is expected to scale up local purchases of barley from 5,000 tons to 12,000 tons initially, and eventually reach 32,000 tons over five years.
The project is also expected to create direct and indirect employment opportunities, benefiting the local community and cementing TBL’s commitment to industry expansion, manufacturing, and agriculture.
The Kilimanjaro Malting Plant project will be implemented in two phases, with phase one scheduled from 2023 to 2024, and phase two from 2024 to 2025.
The initial phase involves an investment of $10.5 million, focusing on capacity building, seed variety testing, and the construction and upgrading of the malting facility, targeting a production capacity of 12,000 Metric Tonnes (MT).
The second phase, with an investment of $6.3 million, will expand the construction to 16,000 MT of capacity, bringing the plant to full utilization. TBL’s Country Director, Jose Moran, emphasized that the investment aligns with the government’s priorities, including agricultural production, local manufacturing, employment generation, sustainable livelihoods, and trade expansion.
The Plant will also introduces RimoMalt technology, developed by Swiss equipment manufacturer Bühler, marking a breakthrough in the malting industry. It will be equipped with this state-of-the-art technology, making TBL the first company globally to utilize it.
The Director further emphasized that the opening of the malting plant represents a significant milestone for TBL and the local communities,reintroducing local production of malt and creating new employment opportunities while driving sector-wide expansion and long-term investment prospects.