Tanzanian ministers to meet 500 investors to discuss investment challenges: official

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DAR ES SALAAM, Dec. 3 (Xinhua) -- At least 12 Tanzanian ministers will on Wednesday meet over 500 investors based in the east African nation's eastern region of Morogoro to discuss challenges facing them in doing business, a senior official said on Tuesday.

"The ministers will be availed to challenges facing the investors and seek resolutions in order to promote investments in the region," said Angellah Kairuki, the Minister of State in the Prime Minister's Office responsible for Investments.

She told a news conference in Morogoro municipality ahead of the meeting that the investors will meet with ministers responsible for water, lands, finance, natural resources and tourism, environment and regional administration.

Kairuki added that the investors will also meet with ministers responsible for labor, industries and trade, agriculture, mining, energy, livestock and fisheries.

She said during the meeting the ministers will have to make on the spot decisions over complaints to be raised by the investors.

"The main objective of the meeting is to improve the investment environment and facilitate doing business in the region," said the official.

Kairuki said such meetings have already been convened in Ruvuma, Arusha, Mtwara and Lindi regions to be followed by Dar es Salaam and Coast regions.

In September this year, Kairuki said relevant authorities were reviewing the country's investment laws with a view of attracting more investors.

The amendments will be designed to improve operations at the Tanzania Investment Center, the country's investment watchdog, said Kairuki when speaking at a meeting that brought together businessmen and investors in the east African nation's southern region of Ruvuma.

"I am asking businessmen and investors who faced unnecessary bureaucracy from the leaders to immediately report them to relevant authorities," said Kairuki. Enditem

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