Minister of Industry and Trade, Dr. Selemani Jafo, has directed all Regional Commissioners in the country to designate industrial zones as part of his initiative to attract more investors and businessmen to Tanzania.
Dr. Jafo made this statement yesterday during his visit to the Balochistan Group of Industry (BGI) factory in Mkuranga District, Coastal Region. The factory specializes in wire production, manufacturing pots, and refurbishing car and motorcycle batteries, contributing 600 million Tanzanian Shillings annually in government taxes.
He emphasized the government's ongoing efforts to encourage investment across various sectors, urging Regional Commissioners to promptly allocate industrial areas to facilitate the establishment of diverse industries.
Dr. Jafo highlighted the significant role played by industrialists in creating employment opportunities for Tanzanian youth, underscoring the government's commitment to safeguarding their interests to foster growth and further job creation.
According to available information, the factory currently employs 300 young Tanzanians, a testament to President Samia Suluhu Hassan's initiatives aimed at enhancing the country's investment climate.
Dr. Jafo affirmed the government's readiness to provide full support to streamline investment processes in Tanzania, urging investors to continue their efforts to establish more industries that will contribute to increased job opportunities for Tanzanian youth.
Khudadad Bizanto, CEO of BGI, expressed gratitude to the Tanzanian government for its efforts in improving the business environment. He announced plans to expand operations by establishing another factory for batteries and cables, which will increase job opportunities to 3,000 within his business network, alongside expanding an oil factory in Dodoma Region.
Hadija Nasri, the Mkuranga District Commissioner, expressed confidence in the continuous growth of the industrial sector in the district, noting its current 128 factories. She appealed to the government to prioritize infrastructure development in Mkuranga to attract more investors.
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