Four Russian companies to invest in TZ

FOUR Russian companies have expressed interests to invest in various areas in the country including crop processing, renewable energy and manufacturing of glass packaging.

The companies are SEIES, Unigreen Energy, Agrovent and TD Glass NN Expo LLC.

The development  came after  Prime Minister  Kassim Majaliwa  met the investors and held talks with them in different  occasions  in  St Petersburg , Russia  where he represented President Samia Suluhu Hassan in  the second Russia-Africa Summit.

Advertisement

Explaining about SEIES Company, Board Chairman Yuri Korobov said that his company processes crops without destroying nutrients, adding that food processed can be kept for one year.

“When we start this project we can store fruits and many other foods in Tanzania. We use technology to freeze and dry the crops without destroying their nutrients. The project can be extended to other regions and districts in Tanzania because we target farmers who are in Agricultural Marketing Cooperative Society (AMCOS),” he said.

Mr Korobov said they are well organised to train local workers so that they can get skills on crop processing.

On his part, SEIES owner, Mikhail Mikhailov said the company has also innovated technology of drying crops. The company also makes equipment which use the technology.

“Countries which are leading in this technology is China and Turkey, we believe that Tanzania can compete with them   and become a leading nation in this technology,” he said.

On machines which will be needed for drying crops, he said the company can produce machines which will only be assembled and installed upon arriving in Tanzania.

On his part,  Chief Executive Officer  and  Founder of Agrovent Company  Sergey Pribysh told the Premier that  they have intention  to invest in Tanzania,  especially on crops which  are perishable  such as  flowers and vegetables.

“Our company is among the major companies which manufacture milk and meat processing machines from poultry.

“We are ready to cooperate with Tanzania and well organised to provide training in order to prepare experts who will run the machines,” he said.

Aleksey Tatarinov from Unigreen Energy said they intend to strengthen the energy sector in Tanzania because they have expertise on solar energy, geothermal and wind technology.

On his part, the co-owner of Glass NN Expo LLC,Andropov Vasilyevich said they own a   company which produces glass bottles that they can sell to other factories.

The Premier informed investors that Tanzania has realisable markert because it is surrounded by   Kenya, Uganda, Congo, Rwanda, Burundi, Zambia, Malawi and Mozambique where they can trade with them.