Post by Craig on May 31, 2003 1:24:51 GMT -5
Zanzibar President Amani Abeid Karume, has urged foreigners to invest in the country’s rich mineral resources as well as offer their bids for the public utilities which are now up for divestiture.
Closing the three-day Commonwealth-Tanzania Investment Conference in Dar es Salaam yesterday, Karume said Tanzania was endowed with minerals of various types, where some were being exploited and others needed technology to find and mine.
“We believe the exploitation of these valuable minerals, mostly located in the least accessible locations, would provide quick return on investment as well as stimulate multi-sectoral development in these areas and the region as a whole,” he said.
On tourism he said Tanzania was very rich in tourist sites, some were well marketed and actively exploited, but others were very viable and attractive, but still latently exploited.
“Investors are invited to explore and open up these tourism gems...With proper development through private sector participation, these locations could be top in world tourism,” he said.
Urging investors to exploit the agriculture and agro-industry in the country, Karume said with enhanced production of food crops, the country could easily become the bread basket of the region.
In Zanzibar, he said there was good room for the establishment of small and medium enterprises (SMEs) to exploit the islands’ horticulture and spices potential.
He also welcomed ventures in SMEs, saying such initiatives could as well engage in mineral products like processing of precious gems for the local and export market.
Closing the three-day Commonwealth-Tanzania Investment Conference in Dar es Salaam yesterday, Karume said Tanzania was endowed with minerals of various types, where some were being exploited and others needed technology to find and mine.
“We believe the exploitation of these valuable minerals, mostly located in the least accessible locations, would provide quick return on investment as well as stimulate multi-sectoral development in these areas and the region as a whole,” he said.
On tourism he said Tanzania was very rich in tourist sites, some were well marketed and actively exploited, but others were very viable and attractive, but still latently exploited.
“Investors are invited to explore and open up these tourism gems...With proper development through private sector participation, these locations could be top in world tourism,” he said.
Urging investors to exploit the agriculture and agro-industry in the country, Karume said with enhanced production of food crops, the country could easily become the bread basket of the region.
In Zanzibar, he said there was good room for the establishment of small and medium enterprises (SMEs) to exploit the islands’ horticulture and spices potential.
He also welcomed ventures in SMEs, saying such initiatives could as well engage in mineral products like processing of precious gems for the local and export market.