ONOMO Hotel Dar es Salaam

President Kikwete Advocates the Involvement of Tanzanian Companies in Economic Growth and Gas Industry

President Jakaya Kikwete had opened the 19th Annual Research Workshop of the Research for Poverty Alleviation (REPOA) in Dar es Salaam with a speech on importance of translating economic growth into jobs, promotion of micro, small, and medium enterprises (MSMEs), and finalization of policy legislation on oil.

Addressing researchers, Regional Commissioners, District Comissioners, Honourable Ministers, and Heads of diplomatic missions, President Kikwete promised to present oil and gas extraction legislation to the Parliament by October 2014 or by February 2015.

Given that oil and gas were named a priority subsector, the legislation will ensure productive participation of people of Tanzania in the utilization of the natural resources, as well as collaboration between government and private companies.

TanzaniaInvest Whatsapp Channel

“We hope that the private sector, working closely with the government, will proactively engage in the efforts to build the capacity of Tanzanians in different disciplines that are relevant to the various segments of our natural resources”, said President Kikwete, adding: “Promotion of MSMEs is a critical matter in ensuring social and economic development”.

REPOA is an independent research institution, aimed at facilitating socio-economic development in Tanzania.

Its 19th Annual Research Workshop focused on inclusive growth transformation and improving productivity in Tanzania.

RELATED:  Tanzanian Government Increases Ownership in Mnazi Bay Gas Field
Related Posts