The outgoing Ambassador of the People’s Republic of China to Tanzania,
Mr Liu Xinsheng, said this week that Chinese companies are undertaking about
126 construction projects employing over 20,000 locals, noting that the trade
volumes showed how important bilateral relations between the two sides have
become.
 |
| Chinese contractor supervise a bridge construction |
“China and Tanzania are all-weather friends. The brotherly relationship
has withstood the changing international diplomatic situations and grown closer
than ever,” Mr Xinsheng said at the Chinese New Year of the Dragon celebration
on Wednesday.
He added that the trade volume amounted to $1.5 billion from January to
September 2011. This was a 10 per cent increase from $1.363 billion in 2010 and
$1.106 billion in 2009.
“Up to now, 324 Chinese companies have been registered in Tanzania with
$750 million in total registered capital, creating 60, 000 jobs for Tanzanian
people,” Mr Xinsheng added.Projects being undertaken by Chinese firms in
Tanzania include roads, bridges, water supply, buildings, telecommunication
works and other infrastructural projects.
The Chinese New Year of the Dragon celebrations were organised by
Standard Chartered Bank Tanzania. The dragon is a manifestation of being
energetic, fearless, warm-hearted and charismatic.
“We believe that the trade and economic cooperation between the two
countries will continue to expand and deepen in a constructive way as more
Chinese companies seek trade support from Standard Chartered Bank (SCB) and the
country at large. China-Tanzania trade and economic cooperation has reached
record highs,” Mr Xinsheng said.
Source: The Citizen www.thecitizen.co.tz reported by Victor Karega
0 comments :
Post a Comment