EPZA evaluates industries to improve database

COAST REGION: THE Export and Processing Zone Authority (EPZA) has begun evaluating all industries it has licensed in the country to enhance and update its database.

The Head of Communication and Public Relations Department at EPZA, Mr Panduka Yonazi, made the revelation on Friday in Kibaha, Coast Region, during their visits to some of the industries under EPZA.

“The purpose of this visit is to evaluate over 200 industries in the country that are licensed by EPZA to update its database,” he said.

He emphasised that one of EPZA’s objectives is to realise the vision of transforming Tanzania into an industrial economy, creating more jobs, increasing the processing of locally sourced raw materials, and thus contributing to national income and foreign currency.

“It is evident that the industrial sector can significantly and swiftly contribute to the country’s development, promote the value addition of local raw materials, create more jobs, and facilitate technology transfer,” he observed.

He also highlighted the importance of producing high-quality goods as a crucial factor in Tanzania’s efforts to access regional markets, including the East African Community and the Southern Africa Development Community (SADC).

For instance, the production of goods through the Export and Processing Zones (EPZ) framework, which are licensed by EPZA, allows for 80 per cent of all goods produced to be exported, with only 20 per cent sold in domestic markets.

EPZA is responsible for issuing licences to investors in the Export Processing Zones and Special Economic Zones.

The priority sectors currently being emphasised are agriculture, hides and skins, forestry, mining technology and iron products.

To enhance the productivity of its industries, EPZA has implemented a system that includes investors’ information and the raw materials used in their industries to connect them with local producers’ value chains, thus contributing to economic development.

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