Tanzania:Govt establishes special desk to cater for investors

Published by Daily News
On 7 October 2016 saa 02:07
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The Ministry of Industies, Trade and Investment has established a special desk where investors and businesspeople have direct communication in the quest to explore investment opportunities.

Industry, Trade and Investment Minister Charles Mwijage revealed this yesterday at Mwandege area during an official inauguration of the new Bakhresa Food Products Limited, a new company.

“I am a receptionist for all investors and businesspeople, therefore investors should not hesitate to come to my office,’’ he told the gathering led by President John Magufuli. According to the minister, as per June 2016, 64 business licences were issued by his ministry.

Mwijage was optimistic that in implementation of an industrial economy agenda, more farmers will produce more and bring to the country an industrial revolution. He added that already there is an investor who is set to establish the tiles producing industry that is expected to produce high quality tiles in the East and Central Africa, adding that the completion of that industry will ease the burden of importing tiles from outside the country.

On his part, Coast Regional Commissioner Eng Evarist Ndikilo said he intends to make his region an industrial zone as it had a large portion of land compared to other regions. He said his region had a greater advantage as it was just few kilometres from the commercial centre of Dar es Salaam that has a population of more than four million.

In his strategies he said every District Council shall allocate special plots for industries insisting that all districts had already started implementation of the directive. According to him, Kibaya District had allocated 3,366, Mafia 4,440, Mkuranga more than 7,000, Rufiji 25,000 and Kisarawe 4,500 hectares respectively.

Eng Ndikilo added that his region had 88 small and large industries including the biggest industry that shall be producing the best tiles in East and Central Africa.

According to Mkuranga Member of Parliament Abdallah Ulega, 53 industries are expected to be operational in his constituency. "Citizens are well prepared to explore opportunities in the industries because of the gas pipeline from Mtwara to Dar es Salaam,’’ he said. On his part, Dr Magufuli reiterated his quest for transforming Tanzania into an industrial economy, calling for more investors in the country.

Dr Magufuli said in Mkuranga District, Coast Region that his government wants the industrial sector to contribute 15 percent of the country’s Gross Domestic Products (GDP) as well as employing more than 40 percent of the country’s population. “As more people secure jobs the standard of lives of our people continue improving,’’ he said.

The president visited the two industries and witnessed the production process at the US Dollars 120 million (240bn/-) project where he was briefed how the industries run their operations.

The Head of State thanked the country’s tycoon Said Salim Bakhresa for putting up the two industries in the new company saying he was among the businesspeople he wants in transforming the country into an industrial economy.

“I need businesspeople like you who pay tax, create employment opportunities and I hate those who evade tax,’’ he said adding: “Since I was elected president of this country, this is the first industry I am launching… I need more industries and I will be ready to officiate official launching even if invited at night,’’ he added.

According to him, Tanzania was among the African countries with fast growing economy saying it was the second in Africa after Côte d’Ivoire.