PRIME Minister Kassim Majaliwa has said the government is committed to develop industrial sector as a strategy to boost growth and propel Tanzania to join the league of middle income countries.
The Premier told the Oman Minister for
Commerce, Dr Ali Masoud Al Sunaidy in Dar es Salaam yesterday that the
government was keen to attract private investments to promote
industrialization, export and growth in line with the development agenda
of transforming the agriculture economy into semi-industrial economy.
“Manufacturing sector is the area we
want to strengthen as it will improve the value of our crops and local
products and increase more jobs and trade opportunities to our youth.
So I welcome you to invest in the
country,” he told the visiting Oman minister who is leading a strong
delegation of business community from the Middle East country who
arrived in Tanzania on Tuesday for a three-day visit to explore trade
and investments opportunities.
He said the government was also
improving the energy, transportation and agriculture sectors which would
help the nation realize its vision of reaching the middle income
status.
He said the government had worked hard
for over two decades to put in place conducive investment environment
and it offers well balanced and competitive package for fiscal and
non-fiscal incentives for large scale investors.
“We offer a wide range of investment
incentives just like several other popular investment destinations in
the world. And, in some respect we are even more generous and
attractive,” he said.
The Prime Minister told the visiting
Oman minister that the government would provide necessary support for
investors from Oman to invest in various sectors.
Dr Al Sunaidy said the Oman business
delegation that comprise of traders and industrialists were pleased with
conducive investment environment in Tanzania and were interested to
invest in various areas including processing industries, modern farming,
port construction and oil and in gas sectors.
“Oman has Salala port which is one of
best ports in the world with capacity to handle 45 containers per hour.
We have also Sohar port which is famous for manufacturing products and
has the capacity to handle 32 containers per hour,” he said.
Port of Salalah is the largest port in
Oman. Situated in the Dhofar Governorate, on the Arabian Sea which is on
the northern part of the Indian Ocean.
Sohar Port and Freezone is a deep-sea
port and adjacent free zone in the Middle East, located in Sohar, Oman,
around 200 kilometres northwest of the capital Muscat.
The Minister for Energy and Minerals,
Prof. Sospeter Muhongo, said he understood that Oman has made great
strides in liquefied natural gas (LNG) technology and said he believed
Tanzania would benefit from the technolgy.
He said Oman business community could
also invest in fertilizer industries in Lindi and Mtwara regions and
could also invest in Bagamoyo, Tanga, Kilwa, Lindi and Mtwara ports.
The meeting was attended by Saud bin Ali
al-Raqishi, Sultanate’s Ambassador to Tanzania, Abdul Salam bin
Mohammed al- Murshidi, CEO of the State General Reserve Fund, Said bin
Saleh al- Kayoumi, Chairman of Oman Chamber of Commerce and Industry
(OCCI) and some members of the Omani delegation accompanying Dr
al-Sunaidy.

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