Tanzania has encouraged Turkish business communities to explore even more investment possibilities in the country in the many available sectors like education, energy and agriculture.
The call was made in Dar es Salaam over the weekend by Vice Chairman of Tanzania Private Sector Funds (TPSF) eng Aloys Mwamanga at a news conference, shortly after he opened a three-day meeting with a Turkish business delegation .
Turkish investors are already tapping opportunities in mining in the Rukwa region for the extraction of aluminum ore. That project has about 12milion USD invested and has created some 200 jobs.
“We encourage the Turkish investors to invest more in agriculture, especially in food processing…” the chairman adviced then went on to specify the industry that he would like to see more investment in as the power industry.
“…above all we welcome them to invest in energy and gas as a way to combat the shortages …” he noted.
Mwamanga who is also President of Tanzania Chamber of Commerce and Industry (TCCI) commended the Turkish government for investing in the education sector in Tanzania which includes the establishment of a Turkish university in the country.
He said the Tanzanian business community is eager to meet with the delegation as Turkey’s technology is in his words, ‘recognised worldwide for quality’
Secretary General of Turkish Electro Technology (TET) Fatih K. Ebiclioglu said the Turkish electrical – electronics sector, which exports more than 10bn USD dollars worth of products world wide wishes to expand business to Tanzania.
“As it is, Turkey has had a foreign trade surplus with Tanzania worth 149 million USD since 2010…” Ebiclioglu explained adding that to Turkey, Tanzania is an important market.
“…we hoping in the next three days to meet our Tanzanian counterparts and together make our visit a success and lead to a long term substantial business relationship…” he shared.
Turkish Ambassador to Tanzania, Ali Davutluoglu said the Turkish delegation will definitely be able to achieve their goals as the country’s market is indeed one of the fastest growing.
“I’m urging Tanzanian businessmen to take this opportunity to meet with the delegation in the country to establish projects and businesses which would be an advantage to both countries.” he concluded