JAKARTA, July 17 -- AN Indonesian company is set to invest 500,000 US dollars in a palm oil plant in Kigoma Region that will produce soap, cooking oil and other oil-based products, with machinery expected to arrive in Tanzania in September this year.

The investment by Indonesian based company, PT Indo Sultan Jaya marks another step in strengthening Tanzania-Indonesia economic ties and follows the signing of a Memorandum of Understanding (MoU) on June 26, 2026, between the Indonesian firm and Tanzanias Tanganyika Oils and Fats Allied and Foods Products Company at the Tanzanian Embassy in Jakarta.

Speaking during a meeting with Tanzanias Ambassador to Indonesia, Macocha Tembele, PT Indo Sultan Jaya Managing Director Ahmed Sultan said the ...