Tanzania: 300 projects identified for potential strategic investors



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By Alex Malanga [email protected]

Dar es Salaam – Investment Promotion Stakeholders aim to identify, profile and promote 300 projects with potential strategic investors in The setting for a three-day workshop that will begin Nov. 14

This was revealed yesterday at a press conference hosted by Phimona Ltd, a marketing communications consulting firm, across Tanzania Investment Promotion Exhibition and Conference (Tipec).

The move, according to Phimona general manager Rodgers Mbaga follows the challenges that prevent the country from identifying and promoting different projects.

The workshop, whose entry price stood at 2.5 million shillings per pavilion, was to convince investors to come and inject their money into the projects. Mr Mbaga was positive that the initiative would be carried out using various campaigns and ambbadadors from Tanzania to attract investors. "Through the workshop, we are committed to marketing projects to various investors around the world, with the aim of supporting the industrialization of the fifth government."

"The government is doing its best to make the business environment more user-friendly." Mr. Mbaga told reporters: [traduction]

Representatives of the Tanzania National Business Council (TNBC) Export Processing Zone Authority (EPZA) and Tanzania Trade Development attended the event Authority (TanTrade), Chamber of Commerce and Industry of Tanzania (TCCIA), Company Development Bank (NDC), Tanzania Broadcasting Corporation (TBC) and Tanzania Standard Newspapers (TSN).

development projects, this would meet the challenge of industrial financing.

"In the current state of play, things, the financing of new projects constitutes a country. This is partly because the majority relies on commercial banks to finance their businesses, "Tunda said. Capital can be obtained through a partnership with local foreigners. It is difficult for commercial banks to finance new long-term projects whose return is time-consuming, "he said, according to Tunda, how to find partners and financiers. they were ready to help local investors prepare attractive business proposals that would guarantee a win-win situation for both parties.

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