26 September 2013

Tanzania: Anjouan Woes Investors From Dar

THE visiting Governor of Comoros' Anjouan island, Mr Anissi Chamsidine, has invited prospective investors from, assuring them of diverse investment opportunities.

Mr Chamsidine, speaking at the Tanzania Investment Centre (TIC) offices in Dar es Salaam, said that Anjouan has huge tourism potentials that, however, remain unexploited. "We need Tanzanians to help us develop our tourism sector," he said.

He noted that the island imports almost all of its food, saying food processing is one of many areas for possible investments.

Mr Chamsidine, who is scheduled to participate in the Northern Zone Investment Forum in Tanga tomorrow, cited the energy sector as another potential area for Tanzania and Anjouan to cooperate, saying with her abundant gas reserves, Tanzania can supply the island with sufficient energy.

The forum is expected to attract 1,500 local and international investors from as far as China to explore opportunities in the northern corridor that covers Kilimanjaro, Tanga, Manyara and Arusha regions. Commercial banks, Tanzania Tourist Board, Export Processing Zones Authority and Confederation of Tanzania Industries are some of the forum invitees.

TIC Executive Director Juliet Kairuki whose centre had organised the governor's visit said Tanzania has strong economic and cultural ties with Anjouan, "... and this visit will further strengthen our economic ties with Anjouan through investments."

The 424 square kilometre Anjouan is an autonomous island in the Indian Ocean that forms part of the Union of the Comoros. Its capital is Mutsamudu.

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