“We have completed preparations for the exhibition which will feature both local and foreign miners, dealers and allied service providers,” Public Relations Officer for Geita Regional Commissioner, Paulo Zaharo said this week.
Zaharo said the Geita Gold Exhibition as is officially known is now revolving into an international mining trade fair, will run for 10 days till 27th September. “After being staged for two consecutive years, our mineral exhibition will experience many changes than last year's fair,” he noted
Geita has already established a 24 hours non-stop export processing zone, the first of its kind in East Africa which comprises an economic and export zone as well as a gold trading center.
Speaking last week, Geita Regional Commissioner, Engineer Robert Gabriel said that with the theme-'Mining is economy, 2020 choose visionary leaders for development of the country,' the exhibition will allow stakeholders to showcase their potentials mining technology while exploring trade and investment in the industry.
The exhibitions are organized by the Geita Regional Commissioner in collaboration with Tanzania Trade Development Authority (TanTrade), Small Industries Development Organization (Sido) and Mining Commission as well as the Geita Town Council.
Eng Gabriel also said that there is a promising market and investment opportunities in the region which has forced his region to set aside 100 acres of land for potential investors, who will also enjoy a number of incentives.
The exhibitions will also feature business clinics, where government officials will attend and respond to queries raised by stakeholders from the sector. The RC further said that exhibitors will be given an opportunity to tour the Geita Gold Mine (GGM) and other attractive tourism sites in the region.
“We are expecting to receive more guests and exhibitors from within and outside the country,” the RC noted. Some of the stakeholders who will attend the fair include geological survey institute, simple technology developers, Vocational Education and Training Authority, banks and others.
Geita Region accounts for 35 per cent of the country’s total gold production per annum. Tanzania is fourth largest gold producer in Africa after South Africa, Ghana and Mali. The gold is one of the country’s top foreign currency earners accounting for more than 90 percent of mineral exports.