Dar, Washington launch ‘Business Fact-Finding Mission’ to Mainland, Isles

The US Embassy in Tanzania and the Ministry of Investment, Industry and Trade have jointly launched the U.S. Business Fact-Finding Mission to Mainland Tanzania and Zanzibar.

The launching ceremony held in Dar es Salaam on Tuesday where about 20 firms from the US signed-up for the event focused on the agribusiness, energy, healthcare, and information and communication technology industries.

Speaking at the event, the US Ambassador to Tanzania, Donald Wright congratulated the firms for their decision to examine Tanzania as a place to consider investing in key sectors of the economy and expanding their business.

“We welcome more American involvement in the Tanzanian economy – in fact, it is one of our Mission’s primary goals. U.S. firms bring ingenuity, know-how, and capital, but also a desire to train Tanzanians to manage and run their local operations. The jobs they develop in Tanzania are not just line-level employees, but highly skilled technology and management professionals,” the US envoy said

On his part the Deputy Minister of Investment, Industry, and Trade, Exaud Kigahe said America is Tanzania’s third largest bilateral investor.

“The US has provided development and other assistance for capacity-building to address health and education issues, promote broad-based economic growth and advance regional and domestic security to sustain progress in the country,” the minister said.

However, the first day of the mission will feature an overview from the Tanzania Investment Centre (TIC), a briefing by the American Chamber of Commerce of Tanzania and the CEO Roundtable of Tanzania, and roundtable discussions with representatives from the government of Tanzania.

The mission was developed by the American Chambers of Commerce (“AmCham”) of Kenya, Tanzania and South Africa

Tomorrow, September 28, the mission will travel to Zanzibar for briefings by government representatives, a discussion with the Zanzibar Investment Promotion Authority, and keynote remarks from First Vice President the Honorable Othman Masoud Othman.

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