Vehicle assembler supports govt’s investment approach

By Francis Kajubi , The Guardian
Published at 06:00 AM Jul 05 2024

President Samia Suluhu Hassan shares a word with Imrani Karmali, executive director of vehicle assembling firm during the president's visit to the 48th DITF on Wednesday. Looking on (left) is Filipe Nyusi, Mozambican President.
Photo: Courtesy of GFA.
President Samia Suluhu Hassan shares a word with Imrani Karmali, executive director of vehicle assembling firm during the president's visit to the 48th DITF on Wednesday. Looking on (left) is Filipe Nyusi, Mozambican President.

THE Kibaha-based vehicle assembling company has pleaded for the government to make consideration of purchasing its vehicles as it looks forward at widening its vehicle assembling scope to assembling cars.

The company which has been operational to Tanzania for 16 years now specializes in assembling trucks for customers in the construction and mining sectors.

In his plea to President Samia Suluhu Hassan on Wednesday at the ongoing 48th Dar es Salaam International Trade Fair (DITF) who visited the company’s booth, Imrani Karmali, Executive Director, GF Trucks & Equipment Limited, told the President that the company is negotiating with Hyundai for an agreement of assembling the brand’s vehicles at Kibaha plant.

“Hyundai has given us a condition that we must be capable of selling between 200 and 300 units of assembled Hyundai cars a year. In that case, we need a guaranteed market and that’s why we are pleading for you madam president to support us with the government being the key customer of the vehicles that shall be assembled,” said Karmali.

Karmali said that the company has been through the years closely collaborating with the ministry of industry and trade in its operations and as it plans at widening its assembling activities, the company needs serious commitment by the government.

He commended the government for creating a conducive environment for investment and doing business which has been a motivation for foreign investors to inject reasonable capital in the country’s automobile industry.

“Tanzania is currently increasingly guaranteeing the security of investors’ capital and generating opportunities for investment capital growth. The conducive business environment has attracted my company to invest more than $2million in the vehicle assembling sector,” said Karmali.

He said that after 16 years of investment in the country, the company has succeeded in winning the trust of stakeholders in the construction and mining sector, thus the government’s support in its new deal with Hyundai will further boost its investment in the country.

In her response, President Samia directed the minister for industry and trade to make sure that he sits down with the investor and find a way of assisting him in making the new investment a reality.