Mwigulu champions private sector, unveils major investment reforms in Dodoma

💰 Ekonomi 📰 Daily News (TZ) 🕐 1 saat önce

DODOMA: PRIME Minister Dr. Mwigulu Nchemba has doubled down on the government’s push to make Tanzania more investor-friendly, pledging deeper cooperation with the private sector and continued removal of barriers slowing down business growth. Speaking earlier today at the launch of a customs bonded warehouse owned by Ciwaye Trading Co. Ltd in Chamwino, Dodoma, the Premier said the country’s economic future depends heavily on empowering private enterprise. “The private sector i

Prime Minister Mwigulu Nchemba emphasized the critical role of the private sector in Tanzania's economic development, stating it is as vital as the public sector. Speaking at the inauguration of a new customs bonded warehouse in Dodoma, he highlighted the government's commitment to fostering an investor-friendly environment by removing business growth impediments. The Prime Minister underscored a deliberate shift in government focus, prioritizing local investors while still welcoming foreign capital, aligning with the nation's Vision 2050 blueprint for industrialization and economic competitiveness. He also noted significant regulatory reforms, including the elimination of over 270 fees, designed to reduce business costs and enhance Tanzania's appeal for investment.

These reforms signal a strategic governmental effort to boost economic growth by empowering local businesses and simplifying the investment landscape.

#economy#investment#app#government#war

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