By Pius Rugonzibwa in Mwanza
MORE than 100
members of the Federation of Miners Associations of Tanzania (FEMATA)
are
scheduled to leave for China next month in a mission targeting to
seek advanced mining technologies, experience sharing and purchase of
mining equipment.
FEMATA Executive
Secretary Lister Balegele said on Monday that apart from gaining more
from the Chinese technologies in mining, the delegation will be
connected to potential mining investors interested to launch projects in
Tanzania.
Another advantage
of the tour will involve getting access to cost-effective mining
equipment sold relatively cheaper in China compared to other
manufacturers elsewhere.
"We are in dire
need of modern mining technologies and equipment. Touring manufacturing
factories in China will bring us closer to the solution and enable us
purchase them at affordable prices," he said.
He said his
organisation, which oversees the interests and welfare of more than six
million miners in the country - three million of them being gold miners
-- was going to China as a continuation of such mission held in late
2018.
"This will be the
second time we are visiting China but in this year's trip scheduled for
next month, we are set to visit various manufacturing firms of mining
equipment so that we can access them at a relatively cheaper prices," he
said.
Mr Balegele said
costs of mining equipment in China are over 50 per cent cheaper than
those sold in other countries citing mostly needed as excavator
machines, compressors, water pumps and crashers among others.
The trip was also
confirmed by the Tanzanian Ambassador to China Mr Mbelwa Kairuki who
said here at the weekend that the Embassy was prepared to link Tanzanian
investors to their counterparts in China as well as facilitating to
flow of mining investors from the Asian economic giant.
Addressing mining
stakeholders here, Ambassador Kairuki said that the Embassy has created a
special window to make sure Tanzanian investors find it more convenient
to connect to their colleagues in China which is one of the largest
gold consumers in the world.
Ambassador Kairuki
said it was high time Tanzanian investors got prepared to tap investment
potentials from the Chinese mining investors who are readily available
to come and invest in Tanzania.
He said it was
difficult for Tanzanian local mining dealers to make it to China without
special guidance adding many dealers lack technical know-how in
accessing markets from the Asian economic Giants.
He said research
conducted by the embassy show that Tanzania could garner up to 1trl/-
revenue from the mining sector per annum if available opportunities and
infrastructures are utilized to the fullest to woo available markets in
China.
Apart from other
strategies, Ambassador Kairuki said Tanzania has to create mineral data
base making it simple for foreign investors and even tourists to quickly
familiarise with companies dealing with different types of minerals
citing Tanzanite which was not well known in China until very recently.
He cited available
opportunities like the Shanghai Gold Expo which is held annually saying
Tanzania was set to participate this yearmore than it did last yearwith
its pavilion anticipating to attract more than 500,000 visitors.
"We are going to
participate this year in a very special way recalling an event of last
year where our pavilion attracted many visitors including the Chinese
President himself," said the Ambassador.
Last year,
according to him, the Chinese President was attracted by a number of
products at the Tanzanian pavilion but mainly the Tanzanite and
Cashewnuts.
However, he warned
Tanzanians to be careful while visiting China for business ventures by
referring to official sites with reliable information as well as
conducting due diligence in collaboration with a trade wing and resident
technical officer at the Tanzanian Embassy in China.
The weekend meeting
was called to deliberate among others participation of Tanzania in the
Shanghai Mining Expo due for November this year as well as business trip
to China including Guangxi Province next month.
Guangxi Province is
one of the richest in China with vast potential in mineral, marine,
tourism and natural resources currently with a Gross Domestic Product
(GDP) equivalent to 717bn/- and a population of around 57 million.
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