19 February 2014

Tanzania: Manyara Business Council to Discuss Investment Opportunities

Babati — THE Manyara Region Business Council (RBC) is scheduled to start its meeting in Babati today and delegates would deliberate on investment opportunities available in the area.

The meeting to be chaired by Manyara Regional Commissioner, Mr Elaston Mbwilo, brings together representatives from the private and public sectors and most participants have confirmed to attend.

Mr Mbwilo who is also the Chairman of the council and his vice-chairman who comes from the private sector said the meeting meant a lot for the region which still has memories of hosting a big investment forum that attracted many investors from within and outside the country.

"The council members will also review the implementation of what was agreed during the forum which was also attended by the Prime Minister, Mr Mizengo Pinda," the RC said.

Mr Mbwilo said since the establishment of the regional business council, public and private sectors have been working very closely and a lot of business opportunities have been unleashed.

"Manyara Region is very rich and the council uses the meetings to discuss critically how these opportunities can be used to change the welfare of residents by creating a strong economic base," he said.

Earlier, the Executive Secretary of Tanzania National Business Council (TNBC), Mr Raymond Mbilinyi, who is also attending the meeting lauded the regional council for holding the meeting, saying it was the right move.

"We (TNBC) support and encourage all regional business councils to have their regular meetings to discuss different issues of common interests for their betterment," Mr Mbilinyi explained. He said RBCs play significant role and have been instrumental in removing unnecessary snags that frustrate trade and business growth.

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