The Tanzania Agricultural Export Processing Zone Limited (TAEPZ) and Epoch Agriculture from China have sealed an out-grower scheme.
The deal will ensure cassava farmers in Tanzania have access to reliable export markets, while tapping into the country’s potential.
With a US$1 billion budget, the agreement’s target is to commercialize cassava farming and processing.
Current statistics indicate that Tanzania produces 5.5mn tonnes of cassava every year, while TAEPZ will consume 2.5mn tonnes of dry cassava every year.
Dr Adelhelm Meru Permanent Secretary in the Ministry of Industry, Trade and Investment said once fully implemented, the agreement will transform living standards and industrialise the economy.