TANZANIA and Turkey business people are expecting to meet this Thursday to discuss how ...the two countries could extend business ties.
The one-day forum came merely seven
months since Turkey President Recep Erdogan made a state visit in the
country and signed various Memorandums of Understanding (MoU).
Tanzania Private Sectors Foundation
(TPSF)Executive Director, Godfrey Simbeye said the objective of the
forum was to foster economic and business relations between the two
countries.
“During the forum, there will be an
opportunity for business networking and business match-making between
Turkish and the Tanzanian companies,’’ he added. TPSF urged the
country’s business community to capitalize on the forum opportunity, a
potential for local businesses and strong possibility for joint ventures
between Turkey and Tanzania.
“We expect that during this forum over
200 business people will participate and thus extending the broader
business network in various sectors,’’ said Mr Simbeye.
The Commercial counselor at the Turkish
Embassy in Dar es Salaam, Mr Onur Tekyildiz, said the business
relationship between Turkey and Tanzania was still growing to an extent
that business opportunities were largely increasing.
During his state visit in January, the
Turkish President signed a MoU between TPSF and Foreign Economic
Relations Board of Turkey (DEIC). The MoU, according to Mr Simbeye, was
yet another platform for the private sector in the country to create
business and investment opportunities for both local businesses and
foreign investors.
The Tanzania-Turkey business dropped by
22 percent last year but since President Erdogan’s visit the business
grew by 30 percent.
The Forum will focus on the sectors of
electronics, agricultural machinery, iron and metal products, textile,
raw material, chemical substances, automotive and spare parts, cement,
ceramics, construction materials, building materials, machinery and
accessories, hospital furniture, food production, and medical devices,
among others.
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