Africa-Press – Tanzania. THE Tanzania National Business Council (TNBC) has called on the Diaspora to invest in Tanzania due to the friendly investment climate created by the government and tap immense opportunities.
Speaking in a special programme aired by the US-based Radio Kilimanjaro, TNBC Executive Secretary, Dr Goodwill Wanga, told the Diaspora that Tanzania has a very friendly and pro-investment environment.
“It is high time Tanzanians living outside the country realised this fact. Our Diaspora should be our ambassadors in popularising our business and investment attractions and persuade investors to invest in Tanzania so that the country can make big development and economic strides,” he said.
Tanzania, he said, has investment and business opportunities in various sectors including tourism, physical infrastructure, agriculture, health centres, bus rapid transit infrastructure, business parks around airports.
He called on the Diaspora to cooperate with the government and invest in areas of their choice to create jobs for Tanzania’s youth and contribute to the growth of the national economy.
He explained that big strategic projects being built like the Standard Gauge Railway (SGR) and the Julius Nyerere Hydropower Project (JNHP) are meant to create conducive investment conditions for people interested in investing in tourism, hotels and other hospitality facilities.
The Chairman of the Tanzania Diaspora Hub (TDH), Mr Nassor Basalama, reported that members of the Hub are studying Tanzania’s investment opportunities.
He said the TDH has the responsibility of making sure their members invest in Tanzania and contribute to national economic growth. He thanked the government for effecting helpful and favourable investment reforms and pro-business changes.
“We thank the government for making these reforms. They give us strength and vigour in persuading and encouraging our members and other people to invest in Tanzania,” he said.
The Executive Director of the Tanzania Private Sector Foundation (TPSF), Francis Nanai said the TPSF is the link between members of the private sector and the government and that TPSF recognises the Diaspora as part of the private sector.
He added that the foundation has already put in place information system that enables the Diaspora to know investment opportunities in Tanzania and make informed decisions.
He called for cooperation between the TPSF and the Diaspora saying such cooperation will spur foreign invest flows into Tanzania for the good of the nation.
