18 November 2012

Tanzania: Angola an Economic Model, Says Membe

THE Minister for Foreign Affairs and International Cooperation, Mr Bernard Membe, has hailed Angola for her judicious utilization of resources.

Speaking during celebrations to mark Angola's independence in Dar es Salaam, Mr Membe said that the country is a model of development given her meticulous use of resources.

"We should look to Angola as an example in the proper use of natural resources for the development of our nation," said the Minister.

Mr Membe noted that now that Tanzania has discovered gas and it is expected that in another five years these abundant resources if used judiciously can bring a quantum leap to the economy. He also urged that the policy on gas extraction and exportation should give priority to local investors.

"Tanzania will soon begin to extract gas which means that we should look forward to ensure the policies we formulate do not hinder our country's development," he said. Mr Membe further noted that Angola has been able to benefit from mining and fuel exploration which is already contributing to the country's Gross Domestic Product (GDP).

"These are some of the things which we can learn from them," he said, adding that Angola is now fighting for rural transformation, striving to make sure social services are everywhere in the nation. "They are building schools, hospitals and their roads are good.

They are now planning to have a bullet train from Lobito to Luanda then Zambia, imagine how great it is for an African country focusing on having a bullet train," he observed. The Angolan Ambassador to Tanzania, Professor Ambrosio Lukoki, said that the country's success owes to commitment and efficiency of the government in every sector with their objectives based on motivation of social justice and human development.

"The level of growth is a result of the effectiveness of the measures undertaken by the government for stability of the macroeconomic indicators of fiscal, monetary and exchange rates which allow for economic growth," he said. Prof Lukoki further said that Tanzania and Angola's partnership will continue as both countries stand to benefit from each other's experiences.

He also said that Tanzania will benefit from Angola's vast experience in the oil and gas industries and will be able to trade with its counterpart in better economic terms. Angola got its independence on 11/11/1975 from Portugal after an armed struggle.

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