DEPUTY Minister of State, President's Office, Planning and Investment, Stanislaus Nyongo has expressed the ministry’s readiness to work with the Tanzania Investment Centre (TIC) to facilitate investment and address challenges hindering such activities.

He expressed the sentiments when he officially visited TIC for the first time since his appointment by President Samia Suluhu Hassan in June 2024.

Upon being received by the management of TIC led by Executive Director Gilead Teri, Nyongo pledged to closely collaborate with the institution's leadership to achieve goals of enhancing investment in the country.

He further stated that he would work hand in hand with TIC to facilitate investment smoothly and address challenges hindering investment activities.

Nyongo assured TIC of his sincere cooperation, emphasizing the importance of removing all obstacles that hinder investment in the country.

"We will ensure that we create a conducive investment environment to attract more investors to the country," he said.

On the other hand, TIC management took the opportunity to brief the Deputy Minister on various activities of the Investment Centre, including promoting investment in strategic sectors.

The institution also highlighted several challenges it faces in fulfilling its duties and enabling investment in the country, stressing the importance of government support to enhance its performance.

Earlier, TIC Executive Director Gilead Teri briefed Nyongo on how TIC supports and facilitates investments in the country, along with its overall responsibilities.

He also discussed the one-stop service for investors and various incentives provided to them.

The deputy minister expressed optimism about the future of investment in Tanzania and pledged to work diligently to ensure that Tanzania becomes an attractive destination for both domestic and foreign investors.