Miami, Florida, April 13, 2022 – Global PoleTrusion Group Corp. (OTC PINK: GPGC) has approached TANESCO in Tanzania and presented their composite utility poles as a solution to their growing requirements for infrastructure. GPGC’s product has been accepted as a qualifying product and they are now listed as a qualified supplier.
GPGC has also approached the Minister of Energy and the Managing Director of TANESCO to develop a joint venture, where GPGC Africa Limited and TANESCO would build a factory for the supply of distribution poles and transmission towers. This concept has been approved by the Minister’s office. GPGC was requested to write a letter proposing this partnership. This letter has been written and delivered. TANESCO with the Ministry will request an in-person meeting to finalize the business arrangements.
About Global PoleTrusion Group Corp.
GPGC is an engineering firm that fulfills the needs of telecommunications and utility companies, providing composite poles, towers and renewable energy solutions. Their composite structures outperform their steel, wood and concrete counterparts as they are stronger, lighter, easier to install and environmentally safe. With its advanced engineering and manufacturing capabilities, GPGC is at the forefront of providing creative and effective solutions to address the needs of utility companies around the world.
This news release contains « forward-looking statements », as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.