Tanzania is in early discussions with the Danieli Group of Italy on a EUR 1.5 billion investment in a steel plant in Mtwara, aimed at boosting local production and industrialisation. The project, still at an exploratory stage, could support job creation, reduce steel imports, and strengthen Tanzania’s position as a regional manufacturing hub.
The delegation from Danieli Group, a global steel technology and engineering firm, expressed preliminary interest in developing a modern, large-scale steel plant in Mtwara in partnership with a Tanzanian private sector entity. The proposed project remains at an exploratory stage and is expected to be implemented in phases, subject to further technical assessments and approvals.
Read more at: https://www.tanzaniainvest.com/industry/mtwara-steel-plant-investment-danieli
