Prime Minister, Kassim MajALI said Tanzania needs to have new and reliable technology to achieve the Phase Five Strategic Plan led by President Dr. John Magufuli to grow the economy and reach the middle by 2015 through the manufacturing sector.
He stated this today (Wednesday, August 28, 2019) at the Seventh Tokyo International Conference on African Development (TCAD 7) hosted by Japan's Prime Minister Shinzo Abe at the Pacifico Yokohama hotel hall in Japan.
The Prime Minister who has represented President Dr. John Magufuli at the conference said that the construction and operation of a manufacturing economy is in dire need of technology from both inside and outside the country.
He said industrialization of the economy would be based on the use of locally available raw materials such as agricultural products, fisheries, livestock and minerals as Tanzania is blessed with good land and a favorable agricultural climate as well as abundant natural resources.
The Prime Minister has stated that Tanzania is currently developing a range of infrastructure and services that will make the investment in the manufacturing sector a reality in an environment that meets the expectations of investors and their customers.
He has given examples of the construction of the Nyerere hydroelectric dam in the Rufiji River, the construction of the modern SGR Railway, the construction of paved roads, the revival of the Tanzania Airlines and the expansion of the Dar es Salaam, Mtwara and Tanga ports to be some of the Government's plans to make the country have merit and standards in terms of industrial investment.
"The Blue Print initiative formulated by the Government for the purpose of eliminating various nuisances in investment and trade in Tanzania is a living demonstration of the fact that the Phase Five Government is committed to partnering with the private sector to build a manufacturing economy."
Earlier, at the opening of the summit, Japan's Prime Minister Shinzo Abe said in the last three years, investments made in Africa by private investors from Japan have reached 20 billion US dollars.
Various African leaders have attended the conference, including Kenyan President Uhuru Kenyatta, Rwandan President Paul Kagame, Uganda President Yoweri Musseveni and Mauritius Prime Minister Pravini Kumar.
The Prime Minister has been accompanied by the Minister of Foreign Affairs and Cooperation of East Africa, Professor Palamagamba Kabudi and various leaders from the Government of the Union of Tanzania and the Revolutionary Government of Zanzibar.