In 1963, responding to the expansion of the manufacturing sector after independence, the Industrial Promotion Services (IPS) was established to create employment in small industries such as the manufacturing of basic consumer goods. After the opening of free market economy, IPS invested in sectors such as infrastructure, agro-processing, printing and packaging.
Within Tanzania, IPS currently operates two companies successfully acquired through the Government’s privatisation programme. Moshi Leather Industries Limited processes skins and hides into wet blue and crust leather primarily for the export market. The company is currently working towards of transitioning into processing finished leather.
In 1998, IPS acquired the assets of KIBO Paper Industries and incorporated TLL Printing & Packaging Limited comprising of corrugated cardboard and litho divisions TLL (PPL) received the President’s Manufacturer of the Year Award in the Large Sector Industries for Paper, Printing and Packaging Segment for the years 2006, 2007 and 2009. In 2009, IPS and its partners launched SEACOM, the under-sea cable, which provides internet connectivity to many East and West African countries. For more information, visit http://seacom.mu/
Recently, Frigoken Ltd., one of the largest export-oriented vegetable processors in East Africa, has set up an outgrower scheme in Arusha Tanzania, engaging over 1,500 small-scale farmers in its value chain.