DAR ES SALAAM, Aug. 4 (Xinhua) -- Tanzania's state-owned National Development Corporation (NDC) and a Chinese company, Fujian Hexingwang Industrial Co. Ltd, signed an agreement on Saturday to develop the Maganga Matitu iron ore project in the Njombe Region.
The signing of the 77.4-million-U.S.-dollar project that seeks to produce sponge iron as raw materials for steel industries was witnessed by Deputy Prime Minister and Minister for Energy Doto Biteko in the port city of Dar es Salaam.
