Tanzania is looking forward to an influx of Indian investors under
her incentive-rich Export Processing Zone (EPZ) and Special Economic
Zone (SEZ) programmes.
Ms Nanyaro who participated to the exhibitions said in Dar es Salaam
yesterday that at least 10 big Indian investors were expected in the
country to put up businesses under EPZ and SEZ programmes.
“We met many (potential Indian) investors who had already done their
own searches about investment opportunities in Africa, particularly in
Tanzania… our information just helped them to confirm what they had
already gathered,” Ms Nanyaro said.
She was confident of receiving many investors from India to invest in
textiles, electrical appliances and agroprocessing, among others. “I’m
looking forward to receiving many investors from India soon.”
EPZA Planning and Promotion Manager Grace Lemunge explained how
difficult it was to manage the EPZA pavilion at the mega multiproduct
show due to the high number of visitors who flocked to inquire about
Tanzania and available business opportunities.
“It was hectic as we handled a minimum of 200 inquisitive visitors to
our pavilion daily… we did our best to meet their expectations,” said
Ms Lemunge, citing the Chairman and Managing Director of Sahasra
Electronics (Rwanda) PVT Ltd Amrit Manwani, who has promised to visit
Dar es Salaam to explore business openings.
“Our expectations are to get
many and serious investors from India,” said the manager.
The IITF, the replica of Dar es Salaam International Trade Fair, with
great assortment of products on display at various national and
international pavilions, opened in New Delhi on November 15.
There was a maddening rush at the event last Sunday as over 1,300,000
people were reported to have visited the mega multi-product show.
A sea of people could be seen across pavilions, with little walking
space especially in international stalls, cosmetic and pharmaceutical
pavilion, theme pavilion, food courts and other stalls. Only three
African countries -- Tanzania, South Africa and Ghana participated to
the event.
Source: The Daily News, www.dailynews.co.tz, reported form Dar es Salaam
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