Tanzania welcomes Moscow investors

Tanzania has welcomed Russian investors to utilize and benefit from investment opportunities and incentives available in the country.


The Deputy Minister for Foreign Affairs and East African Cooperation, Dr Susan Kolimba said the door was opened for the investors particularly in manufacturing, railway and pharmaceutical industries.

"The door is open for Russian investors to explore and benefit from investment prospects, particularly in manufacturing, railway and pharmaceutical industries," she said when gracing the occasion to mark Russia National Day.

"As the government moves to Dodoma, investment opportunities are available in the construction sector, real estate, agriculture and infrastructure development," noted the Deputy Minister.

"I believe Tanzania and Russia can improve both the volume of trade and investment if the available opportunities would be well utilized," she said.

Source: allAfrica