Manufacturing – leather processing

JAET Limited

Box 2781

Mwanza

Tel: 255 28 256 1000, 255 74 448 1070

E-mail: jaetLimited@yahoo.com

Mr. Elibariki Mmari Masia

Managing Director

elimasia@hotmail.com

Leather processing

JAET Limited was established in 1990. The core business of the company is leather processing and manufacturing of leather goods. JAET currently produces leather shoes in addition to processing and supplying leather to other leading domestic shoe manufacturers.

Expansion project

JAET believes the market demand for its leather products and fish skin is vast, domestically and for export. By expanding its existing production, JAET expects to capture 15% of the domestic market share.

The expansion project would involve the following:

• adding tannery machinery and equipment for processing leather, fish skin, and goat and cow wet blue,
• adding machinery for producing shoes,
• adding machinery and equipment for increased capacity in processing leather goods and garments, and
• funds for establishing a training program geared for the leather industry.

The estimated project cost including the working capital is US$ 3.2 Million. JAET is prepared to enter in to any form of joint venture arrangement that must include equity contribution up to half of the project cost. JAET also welcomes long-term debt financing.