Tanzania Tourist Board
The Prime Minister of Finland visited Tanzania with the aim of boosting trade relations.
The Dar es Salaam Port, which receives 90% of Tanzania’s trade, is planning to increase its overall cargo capacity.
The USD 48 Million grants will see road and electricity infrastructure in Tanzania improved.
Ties between South Africa and Tanzania are to be strengthened after the two countries agreed a collaboration between their respective Export Processing Zone Authorities.
Tanzania has reached another milestone in its attempt to attract investment after the Export Processing Zone Authority (EPZA) successfully surpassed its targets for the past 12 months.
According to Tanzania’s National Bureau of Statistics (NBS), the Production Index of Manufacturing (PIMI) achieved 10.8% growth in 2012, the highest increase since 2006.
The Kilimanjaro region will see the development of a new business and industrial town focussed on the processing of raw materials.
Global investor ALTEC is considering Zanzibar as a key location for its business in the East African region and is prepared to invest USD10bn according to the second Vice President, Ambassador Seif Ali Iddi.
The Tanzania Investment Centre (TIC) had signed a Memorandum of Understanding (MOU) with IE Singapore Cooperation Enterprises.
The Chinese based Fu-Tang Company is planning to build a new motorcycle manufacturing plant in Tanzania.
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