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The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

The China-Africa Trade Commission led a business delegation to inspect the business and investment environment of the United Republic of Tanzania and seek deeper investment cooperation

This magazine, the Internet reporter You Zhi

On May 2, 2024, the China-Africa Trade Commission led a business delegation to the United Republic of Tanzania to gain an in-depth understanding of and explore business investment opportunities. The visit was led by Pi Zhiyuan, Executive Director of the China-Africa Economic and Trade Working Committee, with the aim of further promoting the development of China-Tanzania economic and trade relations. The business delegation led by the China-Africa Trade Commission is composed of a number of Chinese enterprises, covering infrastructure construction, energy, healthcare, agriculture, manufacturing and other fields. The first leg of the delegation was Dar es Salaam, Tanzania, where it visited the Tanzania Investment Centre (TIC). The Tanzania Investment Centre (Tanzania) is the primary agency of the Government of Tanzania responsible for coordinating, encouraging, promoting and facilitating investment. John Mathew Mnali, Director of Investment Publicity Department, and Helen, Head of China, met with the delegation, and the two sides had a comprehensive discussion and targeted exchanges on cooperation in infrastructure construction, energy development, medical cooperation and other fields.

The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

The Tanzania Investment Center said that in terms of infrastructure construction, it hopes to learn from China's successful experience to accelerate the process of infrastructure construction and improve Tanzania's transportation capacity. At the same time, the executive director of the committee, Pi Zhiyuan, expressed his willingness to actively participate and provide strong support for Tanzania's infrastructure construction.

The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

In terms of energy development, Tanzania has abundant hydropower, wind power, solar energy and other resources, but the current degree of development is insufficient. Executive Director Pi Zhiyuan expressed his willingness to work with the Tanzanian government and enterprises to jointly develop renewable energy in Tanzania to ensure Tanzania's energy supply.

The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

The Tanzania Investment Centre also stressed the importance of medical cooperation. Tanzania lacks medical resources and urgently needs to improve the level of medical services. Therefore, the Tanzania Investment Center hopes to strengthen medical cooperation with China, introduce advanced medical technology and equipment, and improve the quality of medical facilities and services. Executive Director Pi Zhiyuan expressed his willingness to actively participate in Tanzania's medical cooperation, contribute to the development of Tanzania's medical industry, and improve the level of medical security for local residents. This kind of medical cooperation will inject new vitality into Tanzania's health cause and add new connotations to the friendly and cooperative relations between the two countries.

The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

In addition, the two sides also discussed cooperation in agriculture, education, tourism and other fields. Representatives of Chinese enterprises are willing to carry out in-depth cooperation with Tanzania in these areas to provide better living conditions for the Tanzanian people.

The China-Africa Trade Commission led a delegation of enterprises to inspect the business and investment environment of the United Republic of Tanzania

With the deepening of global economic integration, the economic and trade exchanges between China and Africa have become increasingly close. In recent years, the Chinese government has actively promoted the Belt and Road Initiative and strengthened economic and trade cooperation with African countries, which has brought tangible benefits to African countries. As one of the important countries in Africa, Tanzania's business and investment environment is of great significance to China-Africa economic and trade cooperation.

Tanzania is located in the east of Africa, with abundant natural and human resources, and is one of the countries with the most development potential in Africa. In recent years, the Tanzanian government has actively promoted economic reforms and efforts to improve the business investment environment, attracting more and more foreign investors.

The China-Africa Trade Commission led a business delegation to Tanzania for an on-site visit, which will help further strengthen China-Africa economic and trade cooperation and promote the improvement of Tanzania's business and investment environment. It is believed that with the joint efforts of both sides, China-Africa economic and trade cooperation will achieve more fruitful results and make greater contributions to the economic development and improvement of people's livelihood in African countries.

Editor in charge: Lu Lifang

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