Current location:opinions >>
China emerges as leading source of foreign investment in Tanzania: officials
opinions68People have gathered around
Introduction(Xinhua) 09:56, March 28, 2024Chinese Ambassador to Tanzania Chen Mingjian speaks at the China-Tanza ...
Chinese Ambassador to Tanzania Chen Mingjian speaks at the China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in Dar es Salaam, Tanzania, on March 27, 2024. China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday. (Photo by Emmanuel Herman/Xinhua)
DAR ES SALAAM, March 27 (Xinhua) -- China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday.
The remarks were made at the closing session of a one-day China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in the port city of Dar es Salaam.
Tausi Kida, the permanent secretary in the President's Office responsible for Planning and Investment, said that from January 2021 to December 2023, the Tanzania Investment Center registered 256 Chinese projects worth about 2.5 billion U.S. dollars. The top five sectors for these projects were manufacturing, commercial building, agriculture, transportation and services.
Tanzania has made significant strides in improving the investment climate culminating in tangible achievements, including the attraction of more than 11 billion U.S. dollars in projects led by Chinese investments, creating more than 114,726 jobs, said Angelina Ngalula, chairperson of the Tanzania Private Sector Foundation.
Chinese Ambassador to Tanzania Chen Mingjian commended the Tanzanian government's determination and proactive measures in attracting investment and promoting economic development. "We are confident in Tanzania's future development prospects."
Zhu Chonglie, secretary of the Communist Party of China Jinhua Municipal Committee, emphasized the traditionally friendly relations between China and Tanzania. He said that the forum aimed to contribute to building a closer high-level China-Africa community with a shared future.
In closing the forum, Tanzanian Vice President Philip Mpango highlighted China's long-standing role as a leading strategic investor and major trading partner of Tanzania. He noted that the growing FDI and trade indicate that Tanzania is a rewarding investment destination for Chinese investors.
During the forum, four memoranda of understanding were signed between Chinese and Tanzanian enterprises, as well as between Chinese and Tanzanian public institutions.
People attend the China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in Dar es Salaam, Tanzania, on March 27, 2024. China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday. (Photo by Emmanuel Herman/Xinhua)
People attend the China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in Dar es Salaam, Tanzania, on March 27, 2024. China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday. (Photo by Emmanuel Herman/Xinhua)
Tanzanian Vice President Philip Mpango speaks at the China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in Dar es Salaam, Tanzania, on March 27, 2024. China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday. (Photo by Emmanuel Herman/Xinhua)
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Station news portal”。http://malta.cassettedesign.com/content-75d599896.html
Related articles
China, Brazil agree on multiple
opinionsChina and Brazil agreed to grant 10-year visa treatment for their nationals for business, leisure tr ...
【opinions】
Read moreAutumn scenery of imperial Xiaoling Mausoleum in Nanjing, E China
opinionsPeople visit the imperial Xiaoling Mausoleum, the burial site of the Ming Dynasty's (1368-1644) foun ...
【opinions】
Read moreFull Text of Xi Jinping's Keynote Speech at China
opinionsContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【opinions】
Read more
Popular articles
Latest articles
Xi holds talks with Iranian president, eyeing new progress in ties
Xi Sends Congratulations to Micronesia's New President
Wintering birds return to China's largest recovering freshwater lake
Aquatic products harvested in Xiapu County, SE China's Fujian
DPP manipulates tourism for political purposes, harms cross
Tourism provides development engine for village
LINKS
- Venezuelan beauty queen Wilevis Brito, 24, dies following surgery on jaw and lip
- Controversial Antonio Brown pays tribute to 'legend' OJ Simpson after his death from cancer aged 76
- What time does Coachella 2024 start? What to know about the music festival.
- There's the Wallys! Darts fans brawl in the crowd
- Forget the World Cup, Euros or Super Bowl
- Ai Weiwei launches new exhibit, says still trying to understand studio demolitions
- Taylor Swift and Travis Kelce doing Coachella in style! They will be staying at a TOP luxury members
- Public servants on edge over nerve
- How DO you deal with a problem like Gary Lineker?
- Texas semi