PM touts investment prospects

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PM touts investment prospects
PM touts investment prospects

Africa-PressTanzania. PRIME Minister Kassim Majaliwa is upbeat that the country is going to reap huge economic benefits from gold and wildlife resources available in Mara region.

The Premier’s optimism came after he launched an Investment Guide for Mara region yesterday, as part of the country’s continued efforts to tap into abundant resources spread countrywide.

The buoyant Majaliwa invited the investors to take advantage of the investment potentials in the region, assuring that Mara is safe and is blessed with plenty of investment opportunities.

“Come and invest in Mara, the region is safe and it is a potential area for investments. If you want to invest and get profit, come to Mara,” the Prime Minister insisted.

The investment guide, Mr Majaliwa said, will help to create an investment boom in the region, boost economic growth and improve the lives of citizens and increase the national income.

Mara which is home to the world-famous Serengeti National Park is a strategic location for serious investors who even wish to tap market opportunities in the neighboring countries including Kenya, added the Premier.

Besides Africa’s best park, the Serengeti, the PM said Mara region is blessed with many investment opportunities, including vast fertile land that is suitable for the cultivation of various crops such as coffee, sugarcane, sisal, and tea.

“Mara is a very nice area, the region has sufficient water industries and farming activities “, he added.

Apart from Lake Victoria, Mara is also home to Mara region which supports the lives of many people and sustainable conservation of the Serengeti-Mara ecosystem.

PM Majaliwa said the sixth phase government under President Samia Suluhu Hassan will continue supporting the regional efforts in attracting local and foreign investors.

Already, the government has made major reforms to improve the investment environment in the country, warning that the government will not tolerate bureaucracy that may frustrate investors.

“In investment, the president has insisted to end bureaucracy, we don’t want bureaucracy,” Mr Majaliwa emphasized.

Thus, he directed government institutions to ensure that they provide the best quality services to investors. He further said the government has set aside 33bn/- for the upgrading and expansion of Musoma airport–a move aimed at turning the northern region into a tourist hub.

Additionally, the government he said has also set aside 4.3bn/- for compensation of people who will be relocated to pave away upgrading and expansion of the airport project. “We want huge flights to land here in Mara “, the PM said, challenging business people to start tour operating companies among other things.

Earlier, Mara Regional Commissioner Eng Robert Gabriel said, once complete the Musoma airport will cut tourist traveling distance and costs when visiting Serengeti.

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