Government to increase support for SIDO’s industrialisation drive

19Mar 2018
The Guardian Reporter
The Guardian
Government to increase support for SIDO’s industrialisation drive

THE government says it will increase its budgetary support towards Small Industries Development Organisation (SIDO) to enable it continue with the construction of the zonal industrial sheds in support  of country’s industrialisation drive.

Deputy Permanent Secretary in the Ministry of Industries, Trade and Investment, Ludovick Ndubiye.

Speaking in Singida, Deputy Permanent Secretary in the Ministry of Industries, Trade and Investment, Ludovick Ndubiye said the government had recognised the role of SIDO and that the increase in budget will support successful implementation of SIDO’s move to construct zonal industrial zones in various regions.

“We (government) are impressed by SIDO’s industrial sheds which will be used as training grounds for those wishing to embrace or venture in industries. SIDO will provide education, technology and facilitate people to get loans,” Ndubiye explained.

Speaking shortly after touring the SIDO Regional Offices, the deputy PS said the ministry was convinced by the organisation’s commitment to practically start implementing the fifth phase government plan of transforming Tanzania’s economy into medium sized and industrial base by 2025.

Through its contractor SUMA JKT, which is a commercial arm of the National Service (NS), SIDO  has begun the  construction of industrial sheds in regions of Simiyu, Geita and Kagera.

“During tour in the region, I have witnessed people’s aggressiveness in establishing value added industries for their produce so that they can get good prices. We in the government have the obligation of creating a conducive environment,” said Ndubiye.

He said the Fifth phase Government under President John Magufuli was determined to create a good enabling environment for more Tanzanians to venture into establishing small industries and increase their earnings.

He called on citizens to take advantage of SIDO services which he said are spread across the country for their economic benefits. He added that SIDO has enough professionals ready to support the industrialisation process.

SIDO Director General, Prof Sylvester Mpanduji said the organisation was looking for more funds to enable as many qualified entrepreneurs as possible access loans for expanding their businesses.

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