Dar welcomes European investors

The private sector in Tanzania has welcomed businessmen and prospective investors from Belgium, Greece and Italy (BELGREITA) and assured them of cooperation and best returns.

The Tanzania Private Sector Foundation (TPSF) Executive Director, Mr Godfrey Simbeye, made the commitment at a dinner with a group of 65 businessmen from the three countries in Dar es Salaam over the weekend.

The dinner with the business delegation from BELGREITA was hosted by TPSF. Mr Simbeye said that as an apex body of the private sector in Tanzania, TPSF was ready to work with the investors and promote their countries’ economic and development interests.

“This is the golden opportunity to our country-we should use it fully,” Mr Simbeye said. He said that TPSF is a strong and reputable organisation and that by working together BELGREITA members are set to reap hefty benefits in Tanzania.

He said that Tanzania has appropriate forums where investors and members from the private sector hold dialogue with the government and advance their concerns, a progressive move for people who want to do business in Tanzania.

“Investors roundtable meetings offers you a good forum to communicate with the government in a unique way,” he told the delegates. However, he challenged local companies to make sure that they meet required standards and forge partnerships with foreign counterparts.

The Permanent Secretary in the Ministry of Foreign Affairs and International Cooperation, Mr John Haule, who was the chief guest, at the dinner said Tanzania was ready to work with businessmen and investors from the three countries.
Source: Daily News, reported from Dar es Salaam, Tanzania
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