4th October 2013
Industry and Trade minister Dr Abdallah Kigoda made the remark in Dar es Salaam on Wednesday during the Nigerian National Day celebrations.
Dr Kigoda revealed that many investors were currently rushing into the southern parts of Tanzania of Lindi, Ruvuma and Mtwara regions, where there were potential resources for investments.
He noted that the mega plant of cement production by the Nigerian investor in Mtwara has made Africa proud and at the same time to rethink its role of economic and bilateral cooperation among countries in Africa.
Kigoda pledged maximum security for the Nigerian investor’s investment as well as other foreign investors’ ventures in Tanzania.
He urged both Nigeria and Tanzania governments to promote technology know-how for the betterment of people in Africa.
He assured the diplomats and other guests present that there was more room for investment, while insisting that the government was working tirelessly to improve its functional systems so as to enable a condusive environment for investment.
In his opening remarks, the Nigerian High Commissioner to Tanzania, Dr Ishaya Majaribu commended the investment by Nigerian Dangote Group of Companies.
He said the Mega Plant project by Dangote Group of Companies cemented the bilateral cooperation between Tanzania and Nigeria.
Dr Majaribu noted that the project in Mtwara Region would create many job opportunities for the youth residents and those from other parts of Tanzania.
He vowed to encourage more Nigerian investors to start projects in Tanzania in the future so as to strengthen the strong and long standing economic ties between the two countries.
SOURCE:
THE GUARDIAN
