The Private Agricultural Sector Support Trust (PASS Trust) will spend nearly US$46mn in Tanzania in order to restore irrigation schemes that have been inactive for many years
PASS Trust will purchase tractors and combine harvester machines for the project, which is set to benefit smallholder farmers.
The company chairman, Andrew Temu, addressed journalists over the weekend in Dar es Salaam about the second phase for the Lower Moshi irrigation scheme.
Temu said PASS would purchase eight tractors and six combine harvesters for the project to enable smallholder farmers to use the machinery under the terms of the Tractor Hiring scheme.
“This is a lease financing where after repaying the loan all machines become the property of the farmers,” Temu stated.
PASS Trust will also work on the Dakawa irrigation scheme in the Morgora region, the Madibira irrigation scheme in the Iringa region and other areas in the country, it said.
Managing director of the company, Iddy Lujina, said that they have finished setting up the Moshi office and that they are planning to open the Mtwara office and Kigoma is also expected to open this year.