THE government has pledged to support investment initiatives in the country to boost the country's economy and well being of people.
Speaking during a seminar on the role of the Cement Industry in, Development in Dar es Salaam over the weekend, Deputy Permanent Secretary in the Ministry of Finance Prof. Adolf Mkenda said creating good investment climate would boost the economy.
"The Ministry of Finance understands the challenges facing the cement industry that includes poor infrastructure, competition and imports. "We will continue working with other government ministries and agencies to ensure that the cement sector continues to play a pivotal role in economic development," he said.
He said the cement sector has for the last five years been growing at an average of nine per cent with its contribution to GDP increasing from 7.7 per cent in 2008 to 8.1 per cent in 2012 "Production grew from 2.4 million tonnes in 2011 to 3.42 million tonnes in 2012.
If all the cement produced in the country is sold within in the country without exporting, demand will be met by 75 per cent," he said.
The Deputy Director Marine Transport Services in the Ministry of Transport, Mr Deogratius Mukasa, said his ministry has put in place a mechanism to enhance security at all the country's various entry points.
He, however, called upon various stakeholders to join the war on fighting importation of substandard and illegal goods. "We will continue to work hand in hand with other ministries but all stakeholders including the public should effectively play their part if we are to win the war," he added.