And be interesting to ascertain infrastructure investment details of Chinese investment in Tanzania - from proactive investors :
Tanzania attracts $1.7b in Chinese investment, ASX "Tanzania plays"
Monday, October 28, 2013 by John Phillips
The potential of Tanzania has already been identified by many Australian Stock Exchange listed companies, with the country providing the opportunity for a range of resource projects from rare earths and uranium, to precious and base metals, along with graphite.
Tanzania is already Africa's second-largest economy, with the country set for future growth after signing $1.7 billion worth of contracts with Chinese companies to construct power plants and housing units.
The new deals showcase China's ever growing economic presence within Tanzania, which has made big discoveries of natural gas off its southern coast.
"The government has today signed seven agreements with six Chinese companies worth $1.7 billion, which will be invested in power plants and construction of residential and commercial housing projects," the Tanzanian prime minister's office said in a statement.
The deals include a $692.7 million contract awarded to Tebian Electric Apparatus Stock Co Ltd, China's largest manufacturer of high-voltage transformers, for the construction of a 400 kV power transmission line.
Tanzania
Located in East Africa, Tanzania is bordered by Kenya and Uganda to the north; Rwanda, Burundi, and the Democratic Republic of the Congo to the west; and Zambia, Malawi, and Mozambique to the south.
ASX "Tanzania plays"
The potential of Tanzania has already been identified by many Australian Stock Exchange listed companies, with the country providing the opportunity for a range of resource projects from rare earths and uranium, to precious and base metals, along with graphite.
Peak Resources (ASX: PEK; OTCQX: PKRLY) is one of the companies leading the way in Tanzania, and made a greenfields rare earth discovery just a few years ago at Ngualla, which is now one of the largest and highest grade rare earth deposits in the world.
Ngualla is one of the very few rare earth development projects to successfully produce high purity separated products from its mineralisation and this is an important step in de-risking the project ... Miner dyor
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And be interesting to ascertain infrastructure investment...
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