Mr Mbilinyi |
Seven major Brazilian companies dealing with agriculture have shown
interest to invest in the country.
This was said by the Acting Executive Director of Tanzania Investment
Centre (TIC), Mr Raymond Mbilinyi in Dar es Salaam over the weekend.
“We are happy today to witness the results of President Jakaya
Kikwete's tour of Brazil early this year,” he said. This follows a visit by
representatives from Brazilian to Tanzania over the weekend.
During his visit in Brazil in April, President Kikwete invited big companies
to invest in the agriculture sector. Explaining further on the visit by the
eleven-man strong delegation, Mr Mbilinyi said that the Brazilians came to get
first hand information on the country’s potentials especially in the
agriculture sector.
The companies produce mainly soya, sugarcane, corn and cotton. Mr
Mbilinyi said that the TIC highlighted to the visitors about the opportunities
in the Southern Agricultural Growth Corridor of Tanzania (SAGCOT).
“We told them about the benefits and incentives they can get once they
invest in Tanzania,” he said. The TIC chief said that Chief Executive Officer
of UPL Group who coordinated the visit, Mr Jai Shroff said Tanzania is a focus
country for the Grow Africa Project which is a G8 initiative.
The initiative seeks to enable Africa self sufficient in agriculture
and food production. Apart from bringing high tech agriculture to Africa, the
initiative also targets to train small holder farmer on the modern agricultural
practice.
On her part, the Deputy Executive Director of SAGCOT, Ms Jenipher Baain
expressed her gratitude on the visit of the Brazilian companies to Tanzania. “I
am very happy to this visit.
It explains on the type of investors we would like to attract and work
with,” she said, adding that they are ready to do business in agriculture and
take investors very seriously.
Apart from Tanzania, the delegation will also
visit Mozambique, Southern Sudan and Ethiopia.
Source: The Daily News,http://www.dailynews.co.tz
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