TANZANIANS HOPE TO
EXPLORE OPPORTUNITIES PRESENTED BY OPERATION PHAKISA
Tanzanian
businesspeople are looking forward to exploring opportunities presented by the
Operation Phakisa initiative. This was said by the Chief Director of
Export Promotion and Marketing at the Department of Trade and Industry (the
dti), Ms Zanele Sanni. Sanni was addressing the media on the last day of
the Outward Selling and Investment Mission in Dar Es Salaam,Tanzania.
The mission which
focused on the East African Communities started in Nairobi, Kenya and ended in
Dar Es Salaam, Tanzania. It was organised by the dti.
Sanni said the
level of interest in Operation Phakisa from the Tanzanians was great.
“The marine
economy-focused Operation Phakisa is going to unlock opportunities in the
shipping, fisheries, aquaculture, mining, oil and gas, bio-technology and
tourism sectors and the Tanzanian private sector is enthusiastic about these
opportunities,” said Sanni.
According to Sanni,
approximately US$ 1 billion has been committed for investment in gas and oil
exploration in the Port of Saldanha as part of the Operation Phakisa initiative
and an invitation has been extended to businesspeople to access the opportunities.
“The
state-owned enterprises (SOEs) are keen to partner and work with other African
economies with a view to prioritise investment in marine manufacturing, boat
building as well as oil rig maintenance and repair. We have called on the Tanzanians,
amongst others, to support our SOEs later in the year when they start visiting
our shores with a view to drafting mutually beneficial value propositions in
this sector,” added Sanni.
Sanni also
highlighted that the mission, which was intended to increase trade and
investment between South Africa, Kenya and Tanzania was a success as it
presented high level of engagements between the businesspeople in both
countries.
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