Kagera RC assures investors of conducive environment
KAGERA Regional Commissioner (RC), Ms Fatma Mwassa has welcomed local and foreign investors to open up businesses in the region as she assured them of region’s readiness for investments.
Equally, she appealed to Tanzanians living abroad who come from Kagera Region to come back and invest at home.
She made the remarks recently while addressing religious leaders during a meeting she convened at her office.
“The government is keen to improve key infrastructures including roads and bridges that will enable investors to conduct their businesses in friendly environment. Reliable roads and bridges will hasten people’s development,” she said.
Adding: “We thank President Samia Suluhu Hassan for the efforts in implementing people-centred projects. Private sector should tap on the conducive environment for business through construction of industries, Five-Star hotels and other key sectors including agriculture, health, education and minerals.”
She explained that the government is implementing mega projects, including improved tarmac roads and the ‘MV Mwanza Hapa Kazi Tu’ steamer to ease transportation of people and goods.
Kagera Region shares borders with four East African Community (EAC) member countries – Rwanda, Burundi, Uganda and Kenya across Lake Victoria. It is also a gateway to the Democratic Republic of Congo (DRC) and South Sudan.
She explained that President Samia was committed to ensure that major infrastructures including roads and bridges, especially those on border areas including Kagera region are completed with aim to link Tanzania with neighbouring countries including Rwanda, Burundi and Democratic Republic of Congo (DRC).
She assured Kagera residents that the construction of a modern bus stand in Bukoba Municipal Council will be implemented during 2024/25 financial year under the proposed Tanzania Cities Transforming Infrastructure and Competitiveness (TACTIC) project.
Under TACTIC project, construction of modern bus stands in 45 councils will be implemented starting with 12 councils during 2023/24 financial year, while the construction of a modern bus stand in Bukoba Municipal Council will be implemented under Phase Two during 2024/2025 financial year.
Tanzania government intends to request a credit amounting 300 million US dollars for implementation of the project. The proposed project will ensure consistency between economic plans, urban plans and sector plans, and also use additional selection criteria for priority investments.
Equally, she urged people to double the production of cash and food crops, saying that the region had conducive weather pattern with plenty of rainfall and fertile valleys suitable for agricultural promotion.
