Tanzanian Minister for Industry and Trade, Judith Kapinga, has called for increased investment from China, emphasizing the country's stable economic fundamentals and strategic position as a gateway to regional markets. The minister made the remarks during a recent meeting with Chinese business representatives in Dar es Salaam, according to verified reports from the Tanzanian government and state media.
Kapinga highlighted the long-standing bilateral relations between Tanzania and China, which have deepened significantly in recent years through infrastructure projects and trade agreements. She pointed to Tanzania's improving business environment and ongoing economic reforms as key reasons for investors to consider the market.
Official data shows China is a major trading partner for Tanzania, with significant Chinese investment in sectors like infrastructure, mining, and manufacturing. The minister's appeal aligns with Tanzania's broader strategy to attract foreign direct investment to support its industrialization agenda and economic growth targets.
