MINISTER for Foreign Affairs and East African Cooperation, Dr Augustine Mahiga
MINISTER for Foreign Affairs and East African Cooperation, Dr Augustine Mahiga (pictured) continued with his four-day official visit to China by meeting Chinese potential investor into various projects in the country.
According to the Tanzania Ambassador to
China, Mr Mbelwa Kairuki, Dr Mahiga met and held talks with officials
from Xian Qujiang, a potential investor who is planning to invest in the
tourism industry and other strategic businesses.
In the tourism industry, the proposed
investment projects that the investor eyes include the construction of a
lodge in Serengeti, a resort at Mount Kilimanjaro and a resort in
Zanzibar. Other proposed areas of investment include establishment of
domestic airlines for sightseeing and charter service, a theme park at
Mount Kilimanjaro and a luxury train service for tourists on Tanzania
Zambia Railway Authority (TAZARA).
The investor is also planning to
construct a tourist park at Bagamoyo Export Zone, record TV series and a
documentary on TAZARA and also come up with a publication and copyright
trading on Chinese books.
Early yesterday, Dr Mahiga met the
Chinese Vice-Minister of Commerce, Mr Qian Keming whereby the two
officials agreed to strengthen bilateral relations between the two
countries. This is the first official visit by Dr Mahiga to China since
he was appointed by President John Magufuli to head the foreign docket.
Dr Mahiga is visiting the second largest
economy at the invitation of Chinese Foreign Minister Wang Yi. During
his four-day visit, Dr Mahiga will exchange in-depth views with Mr Wang
on bilateral relations on international and other regional issues of
mutual concern.
Sino-Tanzanian relations have witnessed a
long-term healthy and steady development since the establishment of
diplomatic relations. In 1965, China and Tanzania signed “The Treaty of
Friendship between the People’s Republic of China and the United
Republic of Tanzania. Since then, China and Tanzania have enjoyed
brotherly relations.
In recent years, Tanzania has become a
beneficiary of various preferential business opportunities offered by
China. According to 2016 statistics from Tanzania Investment Centre
(TIC), China’s direct investment to Tanzania was 7 billion US dollars,
making the Asian nation the largest FDI source country of Tanzania.
China is also Tanzania’s largest trading
partner with the total trade volume in 2016 as high as 3.88 billion US
dollars. In the coming five years, the total Chinese foreign investment
is expected to reach 750 billion dollars.
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