The Embassy of the United Republic of Tanzania will be hosting its first digital event, ‘Call for Investment’, slated within July as part of its efforts to enhance its investment ties with Qatar, according to Tanzanian ambassador Fatma Mohamed Rajab.
With the theme ‘Invest Today, Earn Tomorrow! Tanzania is ready for you’, Rajab said the virtual event will be held in collaboration with Qatari company KON, and will “exclusively” provide investors and stakeholders information on investment opportunities and Tanzania’s investment climate, including investment procedures, incentives, and regulations.
Rajab said Tanzania offers “unlimited investment and business opportunities” in agriculture, manufacturing, mining, health, education, transportation, livestock, fishing, tourism, ICT, energy, infrastructure, and services sectors.
“The event comes at a time when Tanzania has undergone a massive reform to transform the country into an industrial economy, thus promoting the need to inform the Qatar’s business community of these reforms to attract investors in the industrial sector,” Rajab pointed out.
She said the inaugural digital event “has so much to offer” as it will elaborate on how the Tanzania’s One-Stop-Centre facilitates services for investors. The centre also guarantees investors and stakeholders how Tanzania is committed to become “the best investment destination on the continent.”
“This online event has come at an opportune time to communicate to the Qatari business community on the vast investment opportunities that Tanzania has to offer in various sectors. It is the first in a series of more events to come to showcase the investment opportunities in Tanzania,” Rajab stressed.
Asked to elaborate on Tanzania’s economic and trade relations with Qatar, as well as the embassy’s collaboration with KON, Rajab said: “Tanzania established good relationship with Qatar since the opening of Qatar Embassy in Tanzania in 2012 and Tanzania Embassy in Qatar in 2017. The economic and trade relations are now increasing since the two sides established their respective embassies.” She added: “The embassy has established a good relationship with KON, which focuses mainly on business management, artistic and cultural consultancy, in collaboration with the Diplomatic Corps, communities, local and International companies that exist in Qatar and in other countries.
“By collaborating with KON, the embassy will be able to promote trade and investments in Qatar and to attract business opportunities and foreign direct investment (FDI) to Tanzania’s economy.”
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