# Keda Industrial to build $86.8M architectural glass plant in Tanzania

Keda Industrial Group announced plans to invest USD 86.8 million to build an architectural glass plant in Tanzania, with an annual capacity of 600 tons, to be completed in 12 months.

- Type: New facility
- Announced: 2023-03-03
- Where: Tanzania, Tanzania
- Value: $86.8M
- Starts operating: 2024
- Status: announced
- Capacity: 600 tons per year
- Products: architectural glass
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Keda Industrial Group](https://endata.com/companies/48696.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-keda-industrial-to-invest-usd87-million-to-build-architectural-glass-plant-in-tanzania), 2023-03-06: "Keda Industrial will set up a local subsidiary or a joint venture with a local partner to build the plant, which is expected to have an annual production capacity of 600 tons of architectural glass."
- [investmentmonitor.ai](https://www.investmentmonitor.ai/news/keda-industrial-group-announces-87m-glass-plant-in-tanzania/), 2023-03-17: "Keda Industrial Group has announced it plans to invest $86.8m to build a new architectural glass plant in Tanzania."
- [kedagroup.com](https://kedagroup.com/news/index37.html), 2023-04-13: "KEDA Industrial Group had announced recently that it planned to invest approximately 600 million yuan in the construction of a glass project in Tanzania."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
