Friday, March 16, 2018
Tanzania to set apart large areas to establish economic zones
Tanzania Minister for Industries, Trade
and Investment, Mr Charles Mwijage, has said the government is seeking a vast
area in order to set up economic zones at the designated Dodoma capital city
and has appealed to the investors to get ready for the opportunity. Mr Mwijage
noted that the vast area would accommodate a variety of small and medium
entrepreneurs in the designated capital city, hence help promote the industrial
revolution. He was speaking at a ceremony to unveil a 13- acre plot of land at
Kizota area where the Small Industries Development Organisation (SIDO) will put
up its infrastructure for small and medium industries. Mr Mwijage said the
government had set aside massive funds to facilitate small and medium
entrepreneurship, saying the goal was to provide small and medium entrepreneurs
with start-up business loans. “…
Tanzania Minister for Industries, Trade
and Investment, Mr Charles Mwijage,
I appeal to small and medium entrepreneurs to
apply for the loans after receiving entrepreneurship skills in order to use the
fund wisely,” the minister said. Mr Mwijage pointed out that small and medium
industries were vital for the country’s bid to attain a middle income economy
status. SIDO Regional Manager, Mr Sempeho Manongi, said the Kizota area would
house some 35 small industries and 10 middle industries, saying the industries
would create posts of 200 employments. He said SIDO had already acquired the fund
to put up the infrastructure for small and medium industries in Kizota, saying
the feasibility study for the project was complete and the construction will
soon kick off. Dodoma Urban Member of Parliament and Deputy Minister in Prime
Minister’s Office (Labour, Youth, Employment and People with Disabilities), Mr
Anthony Mavunde, said residents in his constituency were ready to take part
fully in the industrial economy. The industry is currently a major and growing
component in the country’s economy contributing immensely in national income.
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