Saturday, March 28, 2015

Business council pleads with govt leaders to support investors

Written by DAILY NEWS Reporter
TNBC Executive Secretary , Raymond Mbilinyi


TANZANIA National Business Council (TNBC) Executive Secretary, Raymond Mbilinyi, has called on Coast regional leaders to support local and foreign investors in the Special Economic Zones (SEZ).

Speaking during a regional business meeting recently in Bagamoyo, the TNBC chief said that central government and local authorities officials should utilise well SEZ areas to attain sustainable economic development.
“Many countries have attained development through investing in such areas, we should give all necessary support to people who have ventured in these areas for our own good,” he said.
Bagamoyo SEZ will help create more employment opportunities and increase income to citizens, he said adding,“Industries in these areas will help revamp Bagamoyo’s economic status,” he noted.
Explaining further, he said it was through industrial development that many youth completing higher learning education could be employed.
There are currently 9,000 hectors set aside for SEZ activities in Bagamoyo and already investors such as Kamal Steel have started investment.
“The regional business council should therefore make sure that such areas prosper,” he noted. A member of the regional council and the Director for Global Industrial Park Ltd, Mr Zainuddin Adamjee said irrespective of numerous challenges, Coast Region was one of the ideal places for investment.
“We are requesting the government to solve these challenges for the benefit of all,” he said, adding that investors were in a good position to add a great value to the region and country at large.
Earlier, Eng Mbilinyi urged Coast Regional and District councils to cut red tape in their work places to make the business environment more conducive for investors.
He said that it was the duty of the council leaders to make sure that they facilitate smooth flow of investors in their areas

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