More than 1,700 job opportunities are expected to be generated by Sh2.1 billion Chinese investment projects registered in Tanzania this year.
This was said on Thursday September29 by Deputy
Minister of Foreign Affairs and East African Cooperation, Dr Susan
Kolimba, duringthe marking of the 68th anniversary of the founding of
the People’s Republic of China.
She said the investments were part of the efforts by the governments of China and Tanzania in strengthening bilateral relations.
She
added that the Tanzania Investment Centre (TIC) had so far registered
670 investments from China worth $5,7billion, employing 83,394 people
mostly in the manufacturing sector.
“Through this
spirit of enhancing strong economic cooperation, Tanzania invites more
Chinese technology to expand our industrial capacity and local
production,” she said.
“The existing friendly relations
between our two countries are the cornerstone of further expansion of
trade and investment between our private sectors,” added Dr kolimba.
Dr
Kolimbanoted that the government would continue working closely with
China to ensure economic cooperation between the two countries was
prioritised.
In his welcome remarks, Chinese Acting
Ambassador to Tanzania Gou Haodong pledged continued support for
development projects that would boost the country’s economic growth.
“We
owe our gratitude to Tanzania. China is indebted to the Tanzanian
government and its people for their persistent and strong support in
safeguarding the core interests of China’s sovereignty,” he said.
According
to him, so far only 4 per cent of Chinese (50 million people) are still
living under the poverty line, but plans are afoot to alleviate poverty
by 2020.
“We believe that, for a better livelihood,
Chinese people and the government must always work hard to maintain
development,” he added.
The event, which was held at
the Chinese Embassy in Dar es Salaam, was also attended by Deputy
Speaker of the National Assembly, Dr Tulia Akson, government leaders,
senior officials from the ruling party Chama Cha Mapinduzi (CCM) and
other members of diplomatic mission to Tanzania
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