Dodoma — IMPROVEMENT of the investment climate throughout the country remains the government's priority to harness available resources for the benefit of the nation.
In light of implementation of the strategy, the government has set aside 136 million US dollars for installation of power sources in Singida Region, where the potential for industrialization is equally high.
The Minister for Finance and Economic Affairs, Dr William Mgimwa made the clarification in Parliament yesterday when responding to a question by Mr Mohamed Missanga (Singida West-CCM), who inquired about deliberate measures by the government to establish more industries across the regions to minimize urban influx among the youths.
"Funds have been set aside to produce between 50MW to 300MW in Singida by 2015 to facilitate agro-processing and the establishment of other production units. This is the national plan to reach out to all regions to exploit available resources," Dr Mgimwa explained.
He said through Public Private Partnership (PPP) construction of industries is largely undertaken by private firms, while the government creates conducive environment.
"Furthermore, the government through Economic Processing Zones (EPZ) has identified areas of investment including Singida Region where basic services like water, energy, reliable communication and infrastructure are guaranteed," he said.
Initially, Mr Misanga outlined resources available in Singida including deposits of gypsum which is the essential raw material for cement production. "There is no cement factory to supply the entire central corridor. Singida is the ideal location for the investment," Misanga suggested.
The region is equally endowed with honey production, cultivation of sunflower for production of cholesterol-free cooking oil, among others.