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[Citizen] Tanzania: 300 Projects Identified for Possible Strategic Investors

Investment promotion stakeholders are targeting to identify, profile and promote 300 projects
 By: Alex Malanga |  Category: Governance |  Posted: Wednesday 18th July 2018


Investment promotion stakeholders are targeting to identify, profile and promote 300 projects to possible strategic investors in a three-day workshop that will start on November 14, here in the city.

This was revealed yesterday during a press conference organized by Phimona Ltd, a marketing communication consulting firm, through Tanzania Investment Promotion Exhibition and Conference (Tipec).

The move, according to Phimona chief executive officer Rodgers Mbaga follows challenges impeding the country in identifying and promoting various projects.

The workshop, whose entrance fee stands at Sh2.5 million per pavilion, was meant to convince investors to come and inject their money into the projects.

Mr Mbaga was positive the initiative would be achieved through using various campaigns and Tanzania's ambassadors to woo investors. "Through the workshop, we are committed towards marketing the projects to various investors across the world, in a bid to support the fifth government's industrialization drive."

"The government is doing its best to make business environments friendly. The remaining task now is identification and promotion of projects so as to attract strategic investors," Mr Mbaga told reporters.

Read the original article on Citizen.