PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
Tses Glass (Pty) Ltd

Press Release


Receive press releases from Tses Glass (Pty) Ltd: By Email RSS Feeds:

Tses Village Council Receives N$17.9 Million in Government Funding for Infrastructure Development


To facilitate a better climate in order for Tses Village Council to meet its economic development need, the Namibian Government through the Targeted Intervention Program for Employment and Economic Growth (TIPEEG) has given N$17.9 million to Tses Village Council for the development of the needed infrastructure to accommodate the development of Tses Glass and its industrial anchor projects.

Tses, Namibia, September 07, 2013 --(PR.com)-- The development of Tses Glass, Africa’s largest dynamic glass manufacturing hub in Tses, Namibia, is effecting a need for an unprecedented development of infrastructure in Tses, including the re-planning and re-designing of a new Town of Tses, the construction of streets and roads, electricity, water, and sewage facilities, as well as all the necessary resources needed to efficiently serve the current and residents of Tses, as a result of the Tses Glass development and its industrial anchor projects.

To facilitate a better climate in order for Tses Village Council to meet its economic development need, the Namibian Government through the Targeted Intervention Program for Employment and Economic Growth (TIPEEG) has given N$17.9 million to Tses Village Council for the development of the needed infrastructure to accommodate the development of Tses Glass and its industrial anchor projects (Namibian Sun Newspaper, September 4, 2013, page 4; see http://alturl.com/vu2ym).

"This is certainly a great step forward in order to enable the Village of Tses to best create a better environment for its current and future inhabitants, whilst at the same time providing lucrative opportunities for the expected influx of other investors through the viability of Tses Glass within the area. And this N$17.9 million is just a small portion of the needed approximately N$700 million in the next 7 years for the Village of Tses to efficiently serve its purpose," states Simon Kapenda, Co-founder and Managing Director of Tses Glass, and Chief Planner and Economic Development Officer of the new Town of Tses.

According to the Glass Manufacturing Job Multiplier Effect, the development of Tses Glass and anchor industrial projects expect to create more than 47,000 direct and more than 230,000 indirect better paying job opportunities in Tses and throughout Namibia. "Given the fact that on an average there are about 5 people per each household in Namibia, then the total number of expected employees of Tses Glass factory alone in Tses is expected to cause more than 240,000 new residents in the Tses area within the next 7 years, with all of these will require sufficient basic services, supplies, and infrastructure for their daily living needs," states Ivan Vries, CEO of Tses Village Council.

Tses Glass is being developed to have all four separate manufacturing plants in a single location in Tses, Namibia; starting with a 250 tons per day Container Glass Plant (signed with Germany-based Heye International as its EPCM), 600 tons per day Float Glass Plant (signed with Germany-based ghs|glass gmbh as its EPCM), 350 tons per day Tableware Glass Plant (selected Germany-based Waltec as its EPCM), and 200 tons per day Ultrathin Glass Plant, making it the largest dynamic glass manufacturing hub in the world.

"When you look at the total number of employees expected in Tses for the planned Tses Glass factories and other industrial anchor projects, you are looking at the need of more than 40,000 ervens, which translates to a total need of 100 suburbs in Tses over the next 10 years. And this could make Tses to become the size of Walvisbay and Swakopmund combined," says Gerhard van der Merwe, Managing-Director of Winplan Town and Regional Planning Consultants.

The construction for the Tses Glass Container Glass and Float Glass factories starts in May 2014 and August 2014, respectively. The commissioning for the Tses Glass Container Glass will be in 26 months after May 2014.

About Tses Glass
Tses Glass (Pty) Ltd is a Namibia-based premier company involved in an integrated glass production with its headquarter offices and base of production operation to be based in Tses, Namibia. Tses Glass is a joint-venture between Groot Group, Tses Village Council, SDS Group, and Nissi Group, each with an equal shareholding value of 15%, while the remaining 40% is reserved for future strategic investors.

About Tses Village Council
Tses Village Council is the administration authority of the Village of Tses in Southern Namibia under the Ministry of Local Government, Housing and Rural Development of the Republic of Namibia.

Contact Information
Simon Kapenda, Co-founder and Managing-Director
Tses Glass (Pty) Ltd
Tses, Namibia

Phone: +264-81-250-9027
Email: simon@grootgroup.com
Web: www.grootgroup.com
Facebook: www.facebook.com/tsesglass
Contact Information
Tses Glass (Pty) Ltd
Simon Kapenda, Co-founder and Managing-Director
+264-81-250-9027
Contact
www.facebook.com/tsesglass
www.grootgroup.com

Click here to view the list of recent Press Releases from Tses Glass (Pty) Ltd
Promote Your Business