(3 Minutes Read) (Global)
Philip Morris International (PMI) committed to purchasing Tanzanian tobacco as production expands. The global tobacco major is set to acquire a minimum of 12,000 tonnes of Tanzanian tobacco annually for the next five years as local production is anticipated to grow
Philip Morris International (PMI) committed to purchasing Tanzanian tobacco as production expands. The global tobacco major is set to acquire a minimum of 12,000 tonnes of Tanzanian tobacco annually for the next five years as local production is anticipated to grow. PMI had halted its purchase of local produce in 2017. Its return to the Tanzanian market to source tobacco augured well, said Minister for Agriculture of Tanzania, Hussein Bashe, and hoped that it would bolster production.
Importantly, Scott Coutts, the PMI senior vice president for operations, met with President Samia Suluhu Hasan during her recent visit to the Vatican, where they discussed the company’s plans. During the discussion, the company executives assured their commitment to purchasing local tobacco as it established a new cigarette factory in Morogoro.
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Detailing the company’s plans for the Tanzanian tobacco industry, Bashe explained that PMI will procure a minimum of 12,000 tonnes of processed tobacco annually for the next five years. Tanzanian tobacco production has been on the rise in recent years, reaching 120,000 tonnes in the last season, with projections aiming for 200,000 tonnes in the current season.