PROGRAMME BUSINESS PORTFOLIO
The Tabora Carbon Credit Harvest Programme is dedicated to reduction of carbon emissions. This is a serious business with high returns to both the investor, the Government, lenders and other interested parties. The programme will serve the people around forests so that they are supplied with all their needs they used to get from the forest. We will establish factories and also support development projects such as health, education, water and agriculture.
Therefore, there will be four business portfolios. The business portfolio are the following:-
- Reduced emissions by trading in carbon credit.
- Conserved nature and promote environment for sustainable development;
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Promoted industrial economy and promote people’s living standards by setting up the following factories
- For processing bees products (e.g. honey, wax, candles
- For processing beef, hides and skin;
- For processing agricultural products, starting with sunflower oil;
- For fruit and water processing Factory;
- For processing timber products for export
- For establishing endowment fund to assist finance educational projects.
The carbon credit business is lucrative. Some of its proceeds will go to further strengthen capital outlay of the established industries which will support growth and development in the end increase profitability. The holding company, Livingway URT Limited, will register spinoff (subsidiary) companies to run the industries. The companies will have their independent Executive Committees which report to the Livingway Board. In order to ensure the diversified businesses perform, Livingway will satisfy itself if it has requisite skills and capacity to deliver in respective market segments. Livingway will establish an endowment fund that will focus on community development through corporate social responsibility (CSR). The company will seek to become a one-stop center for all carbon credit trading.