Tanzania welcomes more Chinese investors to support industrialization drive
China DailyDAR ES SALAAM -- Tanzanian Prime Minister Kassim Majaliwa said on Monday that the country has opened its doors wide to more Chinese investors to support the East African nation's industrialization drive. "Tanzania is ready to do business with you; our doors are wide open," Majaliwa assured the Chinese investors as he closed a one-day China Tanzania Investment Forum Zhejiang -Tanzania Trade and Investment Conference held on Monday in the port city of Dar es Salaam. He added that Tanzania has a conducive business environment, politically sound economic policies, macroeconomic stability, abundant natural resources, a relatively educated labor force, and a sizeable market because of the country's unique geographical location. Kitila Mkumbo, minister of state in the President's Office responsible for planning and investment, urged local investors to team up with their Chinese counterparts to create a strong and robust industrial base in Tanzania.