Kikwete hails EPZA for wooing industrial investors

FORMER President Jakaya Kikwete has commended Export Processing Zones Authorities (EPZA) for the concerted efforts in attracting investors, who produce local goods for export market. Dr Kikwete made the revelation at the ongoing 3rd investment and business exhibition in Kibaha, Coastal Region at the weekend adding: “I congratulate EPZA for continuing to woo investors who make high quality goods, which compete in the global markets.” The agency’s efforts have huge multiplier effects in the country by creating jobs and generating much needed foreign exchange.

He added that by producing high quality products in the country it helps to a large extent in increasing the national income. Also, the former Head of State asked the people from Coast region to take an advantage of the construction of various industries at Kibaha in order to change their lives as well as to generate the national income in general.

“The construction of industries in this region will bring a great benefit to the residents of this region and will employ people in direct jobs as well as providing temporary jobs,” he pointed out.

Equally, Dr Kikwete asked the Coastal Regional Commissioner Abubakar Kunenge to properly supervise the surveying of plots at Kwala Industrial Park area to avoid the arbitrary construction of kiosks that will change the intended project image.

On her side, the EPZA Principal of Investment Promotion Officer, Ms Nakadongo Fares thanked Dr Kikwete for recognising the contribution of their company in producing the productive products and encouraging investors to come and invest in the country.

“On behalf of EPZA, I would like to express our gratitude to former President Kikwete for encouraging us to continue promoting industrialization in the country,” she said.

Also, Ms Fares said the production of products with less quality significantly reduces the competitive value of products in the international market.

She also said that, EPZA invites all Tanzanians to invest in the country through EPZA which will help them to issue licenses and enabling them to produce and sell their products abroad for 80 percent and 20 percent to sell domestically.

Ms Fares also said that through EPZA, the investor will get common service such as access to land that is affordable and has everything in it, including water, electricity and sewage system as well as tax incentives.

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