EPZA welcomes investors from Europe

The Export Processing Zone Authority (EPZA) has expressed its readiness to receive and work with European investors in its areas.

The EPZA Director General, Dr Adelhelm Meru, told journalists recently in Dar es Salaam that their areas offer various opportunities to investors especially in industrial ventures.

Dr Meru was talking at the end of a forum that involved Tanzanian business community and their counterparts from Belgium, Greece and Italy (BELGREITA) held in Dar es Salaam.

"We are welcoming them and we are ready to work with them," he said. He said that his authority was now in the process to add more special investment areas in the country to attract more local and foreign investors.

He said the visit of the European delegation opens a new chapter of relations between Tanzania and European investors for the mutual benefits of both sides.

"This opens a new chapter and an opportunity...we should utilise it," he said. Dr Meru showered praises to President Jakaya Kikwete for taking several initiatives to sell Tanzania outside.

"President Kikwete deserves congratulations...his efforts is paying...more investors means a strong base of tax payers and therefore sustainable development," he said.

Earlier, the Tanzania Private Sector Foundation (TPSF) Executive Director, Mr Godfrey Simbeye said the private sector in Tanzania welcomes and assures the investors cooperation and best returns on investments.

Mr Simbeye said that as an apex body of the private sector in Tanzania, TPSF was ready to work with the investors and together promote their countries' economic and development interests.

The head of BELGREITA delegation, Mr Malin Johan, said the delegation comprise of various companies with diverse expertise and knowledge.

"We have not come here to sell consumer products," he said, adding that the companies have expertise in areas such as ports, renewable energy, engineering, oil and gas and agriculture, among others.

Before coming to Tanzania, the delegation visited Kenya. The delegation left Tanzania yesterday after visiting Zanzibar.
Source: Daily News, reported from Dar es Salaam, Tanzania

Share on Google Plus

About Abduel Elinaza

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.