Tuesday, October 19, 2021

TanTrade lures investor at Dubai Export with infrastructure projects

Acting Director of Trade Promotion at Tanzania Trade development Authority, Getrude Ng’weshemi said in Dar es Salaam mid this week that they deliberately decided to participate under the mobility category to lure investors to the country.

“We have opted to participate via the mobility category under our national them ‘Connectivity, Tanzania ready for takeoff’ to attract new investments by showcasing ongoing mega projects such as the standard gauge railway (SGR), Julius Nyerere Hydro Power Project, expansion of Dar es Salaam and Zanzibar ports to potential investors at the global fair,” Ng’weshemi said.

Briefing journalists and editors allied to Tanzania Editors’ Forum, the TanTrade Director further said that the Dubai Expo exhibition organized by Bureau of International Expositions and being hosted by the government of United Arab Emirates, also involves two different categories of opportunity and sustainability.

According to her, about 600 participants from the country’s public and private sector will take part in the expo that brings 207,600 participants from 191 countries of the world. A whopping 16 delegations will visit the expo from Tanzania between this month and March 31 next year.

The country’s pavilion will be divided into four zones namely:  fly which portrays cities, shores, mountains and natural resources found in Tanzania. The second zone is named walk and shows museums and historical sites, the Kilwa mosque, former leaders’ history and the freedom fighter monument.

At the ride zone, there will be visually national parks and lakes while the forth zone named drive will showcase different samples of agricultural products and the ongoing mega projects. “At the Dubai Expo, we will have a special day to showcase what we intend the world to see and will be held on 26th of February 2022,” she said.

Commenting on the subject, TanTrade Director General, Latifa Khamis said about 700m/- has been used in Tanzania’s preparation for the expo. “From our preparations and how we have organized ourselves, we are expecting to attract at least 80 percent of participants to come and explore investment opportunities in Tanzania,” Khamis said.

In a vote of thanks, TEF Chairman, Deodatus Balile urged media houses to give the country’s delegation enough coverage so that the public should know what’s going on. “We must let the world understand what Tanzania has in terms of investment opportunities,” Balile said.

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