Mwinyi stresses use of formal trading areas

ZANZIBAR: PRESIDENT Hussein Mwinyi has urged traders to utilise designated places for their activities in order to increase their incomes.

Dr Mwinyi is optimistic that doing so will also encourage entrepreneurs, businessmen and other stakeholders to produce high-quality products that meet international standards.

In light of this, President Mwinyi instructed the Zanzibar Ministry of Trade and Industrial Development to create a special guide and efficient trade exhibition systems using modern technology.

Dr Mwinyi made the statement on Thursday during the launch of the 10th ‘Zanzibar International Trade Fair (ZITF)’ at the new location of Nyamanzi-Diwani, Unguja West B District.

The event was part of a series of event to celebrate the 60th anniversary of the Zanzibar revolution.

He has promised to transform the area into an international business hub to attract more investors.

President Mwinyi pledged to establish a specialised institution with professionals to manage and operate the ZITF, as the location is now permanent.

“The government is committed to developing the area into an attractive centre for trade and business,” Dr Mwinyi said.

He further explained that the new location of the trade fair will serve as an opportunity to globally promote the archipelago as the ideal destination for business.

Furthermore, he emphasised that the international trade fairs at Nyamanzi-Dimani aim to promote locally produced goods and serve as a strategy to promote products at the international level.

“This is an opportunity for local producers and manufacturers to showcase their products and services. We need to utilise social media, the internet, and digital platforms to connect with the rest of the world,” he said.

The Minister for Trade and Industrial Development, Omar Said Shaaban, stated that the new location for ZITF presents an opportunity to promote and develop business and investment in the country.

He called on both government and private institutions to effectively utilise the area, especially after the construction of other business centres such as conference halls.

Mr Shaaban expressed gratitude to the Revolutionary Government for providing a permanent location for ZITF, stating, “This is a significant development in business and trade. We will develop the area while maintaining its greenery by planting trees.”

The Principal Secretary (PS) in the Ministry of Trade and Industrial Development, Ali Khamis Juma, informed the audience that construction of the new ZITF area began in May of last year, with an estimated cost of 8.2 billion Tanzanian shillings.

He mentioned that the construction work includes the development of road networks, parking areas, clean and safe water infrastructure, electricity, communication, and land levelling to prevent mud.

Furthermore, the area will feature modern tents and pavilions for traders and entrepreneurs to rent, as well as toilets and entertainment centres for children.

He also revealed that the international exhibition, with the theme “Internet for the Development of Business and Investment,” is expected to attract over 4,000 businesspeople from Tanzania and other countries, including Zambia, Burundi, Egypt and Uganda.

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