VICE-PRESIDENT Samia Suluhu Hassan has been impressed by the improvement of technology and various goods exhibited at the 41st Dar es Salaam International Trade Fair (DITF).
“Things have improved and there are
bigger opportunities compared to previous years with regard to
technology for producing various goods; which is a reflection of steady
economic growth,” she said during tours of various pavilions at the
trade fair grounds along Kilwa Road in Dar es Salaam yesterday.
The VP said by using improved
technology, goods produced domestically are winning the hearts of local,
regional and international markets because they meet the required
standards.
The VP encouraged financial institutions
to continue supporting local manufacturing sector stakeholders to
invest in technology to increase output and productivity to meet market
standards.
“Lending institutions should consider
working with the manufacturing sector in order to boost their own
businesses. When financial and manufacturing sectors expand together,
the economy will also grow fast,” she added.
During tours of various pavilions, the
VP asked the Economic Processing Zone Authority (EPZA) to ensure that
working conditions in industries under EPZ were improved. She also
challenged small and medium enterprises to capitalise on the immense
opportunities in the EPZ.
On his part, the Board Chairman of the
Tanzania Trade Development Authority (TanTrade), Christopher Chiza,
urged visitors to the fair grounds to not only buy goods, but learn the
various technologies showcased in the exhibitions.
“Exhibitions are not only places for
making purchases, but, equally importantly, to learn and pick various
entrepreneurial skills,” he said.
He also said that most people were still
buying imported goods, characterising the trend as a ‘hangover’ that
would vanish gradually, in the wake of fast technological advancements
in domestic manufacturing.
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