TANZANIANS and foreign investors have been invited to explore a number of investment opportunities available in the northern part of the country.
The available opportunities varied from tourism, agriculture, livestock, industries, transport and real estate sector that upon effective utilisation, will play a crucial role in fostering development.
The opportunities were unveiled on Saturday during an online meeting organised by Watch Tanzania, involving four regions situated in the northern part of the country.
The regions in question include Tanga, Kilimanjaro, Manyara and Arusha.
Speaking during the forum, Arusha Regional Commissioner John Mongela said there are a number of opportunities that can be tapped within his areas of administration.
“We have huge potential in the tourism sector, especially after the launch of the Tanzania Royal Tour film and agriculture based on horticulture,” he explained.
The RC added that the region has enough manpower which meets all labour markets and fit to be engaged in all sectors of production.
His Kilimanjaro counterpart, Nurdin Babu also invited investors to tap potentials in the education sector, construction of business centres, horticulture and irrigation schemes.
He said Kilimanjaro region needs more technical colleges and investment in the industrial sector since there are enough resources to feed the factories.
“Some of the investment could be on modern abattoirs as there are a huge number of cattle in the region,” he said.
Manyara RC Makongoro Nyerere said the region is rich in the livestock sector and that there is a huge potential in veterinary medicines and shops.
“The region has over 1.9million cattle, 1.7 goats, 650,000 sheep, 640,000 donkeys, 136,000 pigs and 999,999 chickens,” he said.
Mr Makongoro added that since the region has fertile land fit for food and cash crops, there is need for establishment of factories for value addition.
For his part, Tanga RC Omar Mgumba said the region has plans to improve the economy and become Tanzania’s second commercial city.
His statement was based on the ground that the region has a number of factories that need to be revived given its strategic geographical location.
The region borders Kenya and has a direct entry point to Mombasa which is the commercial gateway of the neighbouring country.
“In Tanga, we have supportive infrastructure that supports business, there is the Tanga Port, railway line and airport, also there is a network of tarmac roads that allow movement of people, goods and services to other regions,” he assured.
