By
a Correspondent, Dar es Salaam
THE government through Tanzania
Investment Centre (TIC) will continue improving the current business and
investment environment to attract more local and foreign investments.
Minister of State in Prime Minister’s
Office (Investment& Facilitation), Dr Mary Nagu, told a delegation of
Chinese investors that Tanzania was creating a conducive environment that would
stimulate business and investments growth in the country.
“We are fully committed to have
conducive and enabling business environment that will enable us to widen up the
base of more service provision and boost the economic growth,” Dr Nagu said
during the dinner hosted in honour of visiting investors.
He said it was an undeniable fact that
the government’s budget is not enough to meet requirements of every Tanzania of
providing employment and good social service.
“It is our hope that if the business
environment is improved more investors come forward and inject their capital
into different sectors of economy hence bringing a multiplier effect to the
country,” the minister said.
She said the delegation comprised investors from 15 big companies in China who were encouraged the recent
visit of their president Xi
JinPing.
“While in Tanzania , the President of
United Republic of People’s
of China, Mr JinPing directed Chinese investors to invest
in Africa particularly in the country where there are abundant of investment
opportunities,” she noted.
The minister also took the splendid
opportunity to invite them to seize the available investment opportunities and
exploit services rendered by the investment centre.
Earlier,
the TIC acting Executive
Director, Mr Raymond
Mbilinyi, said after meeting the
investors have shown interest to come and invest into different sectors of
economy.
“They met public and private companies where they shown
interest to invest in education, electricity, infrastructure, agriculture and
health,” Mr Mbilinyi explained.
According
to Mr Mbilinyi, China is among the leading countries having more investments in
Tanzania.
“We
(TIC) have been a lot encouraged especially after our two presidents (Kikwete
and Jin Ping) to show the way and commitment there the private sectors in both
countries need fully utilize the opportunities.
Ends.