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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