THE
ongoing government’s efforts to woo investors from abroad have gained
momentum following one law firm, Stallion Attorneys Company, joining in
to support initiatives that are likely to increase the number of
investors in the islands.
We have started to talk to investors from
Spain, Turkey, Tunisia, Canada, India, US, and South Korea about
advantages of investing in Zanzibar and Tanzania. We are committed to
support the government in having more foreign investors,
Mr Shehzada Walli- founder member of the
Stallion Attorney said. Stallion Attorney which was established in 2015
organised the familiarisation gathering with its possible clients,
including government officers and individuals at Hotel Verde, where Mr
Walli emphasised on collaboration to win investors.
With many investors, we hope to create
many jobs to minimise the current job crisis in the country,” Walli said
at the meeting which also included an Iftar diner reception hosted by
the law firm.
He said that President John Magufuli and
his Zanzibar counterpart, Dr Ali Mohamed Shein’s commitment for
industrialisation needs support from all Tanzanians, including law firms
and other companies operating in the country.
The guest of honour at the reception, Mr
Hamada Rashid Mohamed, who is the Minister for Health, thanked Stallion
Attorneys for showing support to government’s efforts in pushing the
economy faster by encouraging investors.
The investment environment in both
Zanzibar and mainland has been better, with improved infrastructure and
political stability. We invite people from all over the world to invest
here,” Mr Mohamed said at the gathering which also attracted other
dignitaries from both private and public sectors
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