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Tanzania Investment Center Set to Ease Bureaucracy

2017/7/21 15:10:58

WHILE small holder farmers and entrepreneurs often complain about lack of reliable markets for their produce, development stakeholders say there is no need of 'weeping 'since the fifth-phase government's industrialization initiative is set to wipe their tears.

Simply put, industrialization is a process of economic transformation from agricultural productivity to manufacturing of goods. The transformation is characterized by mass production because manual labor is replaced by machines Agricultural Processing Equipment.

Tanzania Investment Center (TIC) admits that there are various reasons behind lack of markets for Tanzania's Small and Medium Enterprise (SMEs. These include, sub standard goods, lack of business network and stable capital, among others Fish Meal Machine.

Having recognized the challenges, TIC is set to improve investment environments to impress and lure as many investors as possible, who will automatically become reliable SMEs markets.

TIC Executive Director, Mr Geoffrey Mwambe says agriculture is one the sectors to be primarily improved since. Industrialization depends much on it; adding that teaching and empowering farmers to produce quality products should be prioritized. On the other side, land conflicts have been discouraging if not permanently putting off investors.

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