Industry, commercial experts to visit China

A team of business experts from the Ministry of Industry and Trade and other delegates are expected to visit China next month to scout for opportunities available in the Asian nation.

The move comes few months after President Jakaya Kikwete visited China whereby the country agreed to support Tanzania in development and operations of industries.

Speaking on the sidelines of the ceremony to commemorate the 50th Anniversary of Chinese Premier Zhou Enlai’s visit to Tanzania held in Dar es Salaam at the weekend, the Minister for Industry and Trade, Dr Abdallah Kigoda, said that there were enormous benefits in the industrial economy and the entourage that is set to visit China will help to provide intelligence on business opportunities.

“We are determined to ensure that this relationship between China and Tanzania is of mutual benefit. We have continued to foster the strong relationship between our two countries.

“China which currently ranks among the strongest economies in the world, has accepted our request to help us in our industrial growth,” he said.

Dr Kigoda said the smooth operation in the industrial sector will help lift the economy of the people in the country, as the growth of new businesses and factories will tend to create thousands of new jobs.

Chinese Ambassador in Tanzania, Dr Lu Youqing, said China has become the second largest foreign investor of Tanzania with the total investment of up to 4 billion US dollars by the end of 2014.

“China is also the largest trade partner of Tanzania with the total trade volume over 4.3 billion US dollars,” Ambassador Dr Lu said.

He reiterated that Tanzania is one of the three pilot countries of China-Africa Industrial Capacity Cooperation. “As the true friend and reliable partner of Tanzania, China will adhere to the China- African Cooperation Principles of sincerity, real results, affinity and good faith which were initiated by President Xi Jinping,” he said.

Ambassador Dr Lu said more Chinese investment to Tanzania will be introduced in the near future especially in the fields of infrastructure, light and heavy industries and information communication.

“Chinese investment will bring real benefits to Tanzanian government and people by paying tax and creating large number of local jobs,” he concluded.
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.