Kilombero Valley Teak Company

In brief

Kilombero Valley Teak Company (KVTC) was established in 1992 and is one of Africa's most innovative forest management projects, bringing a wide range of social, economic and environmental benefits to a remote area of Tanzania.At the heart of the project are the planting and sustainable harvesting of plantation teak and the protection and management of over 20,000 ha of native forests and wetlands and a wide range of wildlife and flora within.KVTC has established an integrated processing plant to produce timber and value-added products, bringing long-term employment and social development to the region.

Main development impact

Investment details

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.