Dstv Dailynews  Mobile

Magufuli demands investors’ protection

PRESIDENT John Magufuli has demanded proper supervision of all industrial investments in a way that will benefit investors, local communities and the country at large.

Equally, he has re-assured government’s commitment of protecting investors, as it has already started to improve the investment climate.

The President issued the directive yesterday, shortly before laying a foundation stone for the construction of a 15.8bn/- Kahama fresh milk processing factory, owned by Mr Jossam Ntangeki in Karagwe District, Kagera Region.

“The government will continue attracting more investments for the greater interest of the economic growth of the country, investors and individuals who will get employment and selling raw materials,” he said.

He thus tasked the Ministry of Livestock and Fisheries, Industry and Trade as well as the President’s Office, (Investments) to closely supervise livestock and fisheries factories in the country.

“Livestock keepers should also be protected and be assured of the grazing areas, a move that will assure effective productivity,” he said.

Expounding further, the Head of State instructed the National Ranching Company (NARCO) to increase the number of livestock to enable the nation attain its industrialisation agenda.

According to him, NARCO should borrow a leaf and learn modern husbandry practices from individual farmers, who had invested in livestock and milk processing.

Dr Magufuli cited Kongwa Ranch in Dodoma Region, which has 46,000 hectares of land with only 9,000 cows compared to Mr Ntangeki, who owns over 4,000 cattle.

Going forward, he commended the Tanzania Agriculture Development Bank TADB) for supporting local investors like Kahama fresh milk processing factory as it has contributed to the national development.

He challenged residents of Karagwe District and the surrounding areas to make better use of the factory by exploring the available opportunities like job opportunities and selling the needed raw materials.

To ease movement of people, goods and services in Karagwe District and other areas of Kagera Region, Dr Magufuli urged the Ministry of Works and Transport to uplift the 120 kilometres of Bugene-Benaco road to tarmac level, starting with 60 kms under phase one.

Also, the Kayanga-Kyerwa road will be uplifted to tarmac level starting with 50 kms. On the other hand, owner of the Kahama Fresh Milk Processing Factory Mr Jossam Ntangeki said that they expect by March this year, machinery for the plant to be delivered and ready for fitting.

“We expect by June this year all machinery will be installed and by July the processing plant will be operational,” he stated.

He noted that the factory is expected to create over 400 employment opportunities, as of now the milk producing farm already has over 100 employees.

He further revealed that they plan to have two industries, one for milk processing plant and for the livestock food processing industry.

Minister for Industry and Trade Geoffrey Mwambe lauded Mr Ntangeki, stating that apart from their duty to ensure all industries are operational, they are also responsible to help create new ones.

He further encouraged Tanzanians especially the youth not to be scared to take the risk and invest in the country.

“The ministry of Industry and Trade, together with other ministries, are ready to cooperate with Tanzanians, who want to invest in the country,” he noted.

Commenting, Livestock and Fisheries Minister Mashimba Ndaki said that his ministry is well prepared to improve all the livestock activities in the country so as to get quality produce.

“We are organising to set aside animal feeding areas together with pastoralists in the country to ensure that our livestock get proper pasture, so that they become of quality and give out quality standard of produce acceptable in the local and international markets,” he said.

He revealed that they have arranged for the next five years, to set aside around six million hectors for animal feeding; beginning with about 1.5 million hectors this year.

In another development, President Magufuli expressed dissatisfaction with the implementation of a water project at Kyaka trading centre, in Missenyi District, directing the authorities to ensure that the project is completed within 13 months.

He issued the directive while on his way from Bukoba Municipal to Karagwe District during his stopover at Kyaka trading centre where he was briefed on the delays on implementation of mega water project in Missenyi.

TANZANIA economy shrugged off Covid-19 restrictions to ...

Author: DAILY NEWS Reporters

Post your comments





Recent Posts


more headlines in our related posts

latest # news