dti to launch R40m investment in tomato paste plant
The Department of Trade and Industry be will launching a R40 million investment into the Dursots and All Joy Tomato processing plant in Modjadjiskloof, Tzaneen.
|||Johannesburg – The Department of Trade and Industry (the dti) on Thursday said it would be launching a R40 million investment into the Dursots and All Joy Tomato processing plant in Modjadjiskloof in Tzaneen, Limpopo, next week.
dti Minister Rob Davies, in a statement, said the launch of the plant would assist in addressing the increased demand of tomato paste in South Africa, as well as create jobs for the people of Tzaneen.
On Tuesday, during his address to the American Chamber of Commerce in Killarney, Johannesburg, Davies assured business that government was working hard to ensure that the economy grew and that business was supported to play its role in restoring the economy.
According to Davies, the new basis for economic growth was in value-addition and manufacturing, as the advantage of supporting manufacturing meant that one job created in manufacturing indirectly created 10 jobs in the services sector.
Dursot Food Corporation is one of the leading organically-grown food manufacturing businesses in South Africa, producing a wide range of canned vegetables and legumes, peanut butter, sauces and condiments, mayonnaise, bottled water and tomato paste.
The dti said the R40 million investment was favoured by Limpopo’s warm climate that provided a suitable environment for tomato production.
Dursot has embraced supplier development as a mechanism to encourage 15 black emerging farmers into the value chain.
African News Agency